Australia will launch Investment Deal Team hubs in Singapore, Jakarta, and Ho Chi Minh City, with additional Deal Team representatives across the ASEAN region. But are regional IPAs and governments prepared with Investor-Ready Projects?
Announced by Prime Minister Albanese at the launch of Invested: Southeast Asia Economic Strategy to 2040, the Deal Teams will work with governments and businesses in Southeast Asia to identify and facilitate outbound investment opportunities for Australian investors.
They will draw on public and private sector expertise to identify a pipeline of investment-ready projects, provide market intelligence, and advise Australian investors on matters from regulatory approvals to finding local commercial partners.
The $70.2 million Deal Teams involve experts from Austrade, the Department of Foreign Affairs and Trade (DFAT), and Export Finance Australia (EFA), and form part of the Government's implementation of Invested: Southeast Asia Economic Strategy to 2040.
They will also support businesses to access the newly announced $2 billion Southeast Asia Investment Financing Facility, administered by EFA, and other trade and investment initiatives to facilitate and crowd in Australian private sector investment across Southeast Asia.
