THE Gunnedah shire is preparing to host potential Chinese investors through an investors delegation visit next week.
Gunnedah Shire Council will host seven visitors from China in early June and take them around the region to explore potential investment opportunities.
Gunnedah mayor Jamie Chaffey told The Namoi Valley Independent the investment visit is a direct result of Namoi Unlimited Joint Organisation (JO)’s recent investment trip to China in March this year.
“This particular visit will include a fairly large company from China who have a fairly large involvement in the beef supply chain in China,” Cr Chaffey said.
“It is a direct result of Namoi Unlimited JO’s trip to China and the company will be given the chance to see what our region has to offer.”
Cr Chaffey said any potential investment in the shire would be “on our terms”.
“We are looking at it as a significant investment opportunity,” he said.
“The upcoming visit in early June will give this a company a chance to take a look at what our shire has to offer and our view point is as it always has been, any investment in our shire will be on our terms.”
Councillors resolved at the April meeting during closed session to allocate $3000 of funds to cover transportation costs during the visit with any additional funding to be taken from council’s economic development budget.