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Australia looks overseas for help in developing isolated north

May 14, 2017
in Business News, Latest Nigeria News
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Australia will host diplomats from China, Britain, and dozens of other countries in its tropical north from Sunday, as part of an effort to drum up investment and broaden the economic base of the sparsely populated region.

Far North Queensland extends 340,000 square kilometres and boasts extensive coastline, tropical forests, rich agricultural land and mineral resources.

But the isolated region faces a number of critical issues, including attracting investment for infrastructure and high transport costs, which are proving a headache for exporters.

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