Infrastructure and Investment
Tourism ministers are committed to work with industry to support the development of tourism infrastructure that can drive demand through Tourism 2020 – a whole of government strategy to double overnight visitor expenditure to between $115 billion to $140 billion by 2020.
Austrade provides coordinated government assistance to promote, attract and facilitate productive foreign direct investment into tourism infrastructure in Australia, partnering with Tourism Australia and state and territory governments. This activity includes identifying and engaging with potential foreign investors via meetings and other events.
Australia needs significant investment in tourism infrastructure if it is to realise its potential in the booming global and regional tourism market. The Australian Government has prioritised tourism as one of its five national investment priorities to help drive investment in tourism infrastructure, including hotels and airports.