An Investment Opportunity document (PDF, 1.6MB) has been developed to assist potential investors in relation to the viability of a far north Queensland beef processor. This document outlines the supply chain dynamics, market opportunities and the case supporting an investment along with relevant contacts for investors.
This follows the Evaluating the commercial viability of a northern outback Queensland meat processing facility (PDF, 3.3MB) study that investigated the viability of a meat processing facility at a number of locations in North Queensland.
The report found that there were sufficient cattle to support an abattoir and that the savings from reduced freight costs would be significant.
The report key findings were:
- Locating an abattoir in North west Queensland would significantly reduce live transport times and costs, minimise weight losses of cattle, animal welfare concerns and driver fatigue issues.
- while there is currently adequate existing processing capacity in Queensland, abattoirs are too far from north-western production areas to offset transport costs to producers.
- Changing global demand patterns puts northern Australia is in an excellent position to capitalise on rising demand for beef in parts of Asia and the Middle East.
- Cloncurry offers the greatest benefit per head of cattle, potentially attracting 96,000 beasts per year. Cloncurry is close to labour sources and optimises the fright differentials. However there are many sites throughout the region that would be attractive to investors.
The study was commissioned by the department with support by the Mount Isa Townsville Economic Zone (MITEZ), Gulf Savanna Development (GSD), and Northbeef, with funding support from the Australian Government.
For more information, contact us
For regional information, investment and development opportunities, contact the Department of State Development, Infrastructure and Planning
For information on investing in Queensland or establishing an agribusiness, contact Invest Queenland, a part of the Department of State Development, Infrastructure and Planning
If you are an investor seeking investment partnership opportunities with existing Queensland companies, contact Queensland Treasury & Trade
- Opportunities document - Chinese translated (PDF, 1.1MB)
- Opportunities document - Japanese translated (PDF, 1.6MB)
- Opportunities document - Korean translated (PDF, 1.5MB)
- Evaluating ...northern outback Queensland meat processing facility part 1 (PDF, 964.3KB)
- Evaluating ...northern outback Queensland meat processing facility part 2 (PDF, 600.9KB)