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Legislative Assembly for the ACT: 2015 Week 5 Hansard (7 May) . .

Page.. 1562..


(2) The T4 toilet block was serviced on 1 February 2015 and was in working order leading up to the Show. During major events at Exhibition Park plumbers are called on occasions to rectify toilet issues due to the volume of usage.

(3) See (1).

Finance—China investments (Question No 398)

Mr Smyth asked the Minister for Economic Development, upon notice, on 25 March 2015:

(1) Since the Territory's participation in Australia Week in China in April last year, how many investment leads did this generate and what was the value of these potential investments.

(2) Of the leads that have been generated, how many investments have been secured for the ACT and what is the value of these actual investments.

Mr Barr: The answer to the member's question is as follows:

(1) Australia Week in China (AWIC) is an Austrade initiative to promote Australia as a trade, investment, education and tourism destination. It presented a significant opportunity for the ACT Government to promote Canberra as a jurisdiction with one single level of government with a strong and prosperous economy, home to leading research and development organisations and world-class education institutions.

While in Shanghai, the ACT Government participated in an investment round table hosted by the Federal Minister for Trade and Investment, the Hon Andrew Robb MP, to promote Canberra to a high level delegation of Chinese Investors. The former Chief Minister Katy Gallagher presented the City to the Lake initiative as one of the largest urban renewal projects in Australia.

A key outcome of our attendance at AWIC was the visit by Mr Wang Jianlin of Dalian Wanda Group who visited Canberra in June 2014 and expressed a strong interest in the City to the Lake project.

Dalian Wanda Group was founded in 1988 and operates in four major areas - commercial property, luxury hotels, culture and tourism, and department stores. In 2014, the company's assets totalled 534.1 billion yuan ($85.6 billion) and annual income reached 242.5 billion yuan ($38.8 billion).

(2) Nil at this stage.

Finance—Invest Canberra leads (Question No 400)

Mr Smyth asked the Minister for Economic Development, upon notice, on 25 March 2015:


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