QLD government announces plan to grow aerospace sector

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The Queensland government has released what it calls a roadmap for the state’s aeronautical sector, which it says could assist in the transition from the mining investment boom.

Mining minister Anthony Lynham released a discussion paper at Brisbane airport yesterday, saying that the state had a strong aerospace sector and an Asia-Pacific centre of excellence could emerge around the capital city.

“Aerospace offers great opportunities for businesses who have never even considered this industry: for engineering companies, for instance, who have always supplied the mining industry,” mysunshinecoast.com.au reports him as saying at the launch.

The state’s aerospace sector employs about 4,500 in component manufacturing and repair.

Demand for aircraft in the region is predicted to expand significantly in the next decade.

“Over the next 20 years it is envisaged that the world will require 35,000 new aircraft,” AAP reports Lynham as saying.

“Also we have the growing middle class in China and India and all those people will want to travel, specifically I hope they want to travel to Queensland.”