The development of the Mackay Isaac Whitsunday Mining Equipment Technical Services (METS) Export Hub will move forward after securing a $353,000 grant from the Federal Government.
The Local Buying Foundation and Queensland Government have provided matched funding, for a total investment of $706,840 for a two-stage project development over the next three years.
The export hub will be based in Mackay, but will service opportunities across the entire Bowen, Galilee and Surat Basin resources sectors.
Resource Industry Network general manager Adrienne Rourke said the export hub would be incorporated into the new Mackay-Isaac-Whitsunday Resources Centre of Excellence, which had secured funding from the Queensland Government and Mackay Regional Council.
“The innovation, training and development facility is currently in the final detailed design process and looking to commence construction in 2019,” she said.
“The facility will be managed by Resource Industry Network and the SME Export Manager would be a critical function of the Resources Centre of Excellence.”
The application for export hub funding was lodged through the Resource Industry Network International Trade Committee, made up of Greater Whitsunday Alliance (GW3), Resources Industry Network (RIN), Regional Development Australia Mackay Issac Whitsunday (RDA MIW), Trade and Investment Queensland and Mackay Regional Council.
Stage 1 of the project is a regional export and international target market analysis to inform the development of an export strategy for the region’s METS sector.
Stage 2 will be the engagement of an export hub manager to drive the implementation of the export strategy and provide professional support and direction to the METS Export Hub participants.