New Appointments For Queensland Investment Corporation

JOINT STATEMENT
  • The Crisafulli Government has bolstered the expertise on the board of State-owned investment manager, Queensland Investment Corporation.
  • The Honourable Peter Dutton, and former Beattie Government Assistant Minister Michael Choi OAM, bring experience across defence, trade and critical minerals.
  • Appointments to position Queensland Investment Corporation to help drive investment in key growth opportunities for Queensland in defence industries and critical minerals.

The Board of Queensland Investment Corporation will be bolstered with new appointments of the Honourable Peter Dutton and Michael Choi OAM, made by the Crisafulli Government today.

The appointments are designed to put a greater focus on developing investment areas of critical minerals and defence industries.

Queensland is home to 51 of the world's most sought-after critical minerals and is making a major bid for Australia's critical mineral agreement with the United States.

The Crisafulli Government is also working to accelerate Queensland's defence industry and restore momentum after Labor's decade of decline.

The Honourable Peter Dutton will bring his expansive government and defence industry experience, to provide strategic advice on accelerating development through the flagship Sovereign Industry Development Fund.

Former Beattie Government Assistant Minister Michael Choi OAM will bring broad experience in the critical minerals sector, as the government seeks to secure international investment into the emerging critical minerals sector.

Treasurer David Janetzki congratulated the new appointees, who will serve as directors on the Queensland Investment Corporation board.

"These appointments will bring world-class expertise to the Queensland Investment Corporation, strengthening its ability to driving investment in our state, helping grow our economy to benefit all Queenslanders," Treasurer Janetzki said.

"Queensland is open for business, and we are equipping our state-owned investment manager to secure opportunities within Australia and abroad."

Minister for Finance, Trade, Employment and Training Ros Bates also welcomed the appointments.  

"I welcome both new directors to the Board, ensuring Queensland Investment Corporation is well positioned for the future," Minister Bates said. 

"The strong and clear leadership the new appointees will help steer Queensland into the future and capitalise on the opportunities ahead." 

Queensland Investment Corporation is Queensland's State-owned investment manager with more than $135 billion in assets under management.  

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