A world leading Queensland medical research facility will receive a multimillion-dollar investment to ramp up the development and manufacturing of vaccines.
The project is the first to be announced under the Palaszczuk Government's new flagship $1.84 billion Queensland Jobs Fund.
Premier Annastacia Palaszczuk said her government was investing $20 million towards the development of a new Translational Manufacturing Institute at the existing Translational Research Institute (TRI).
"The $1.84 billion Queensland Jobs Fund is the next evolution of Queensland's approach to industry development and jobs creation," the Premier said.
"People and businesses are moving to Queensland in droves because they know it is one of the safest places in the world to live, work and raise a family.