Minister for Public Works and Procurement Mick de Brenni said that in 2022, the Queensland government was taking Buy Queensland to the next level, as they set up to maximise the 20-year pipeline of Olympic opportunities.
“Queensland businesses are set to go for gold because we will now source at least 30 per cent of our procurement from Queensland SMEs, injecting an extra $300 million into good jobs and businesses across the state,” Mr de Brenni said.
“Since we introduced the approach in 2017, $45 billion has been invested in more than 64,700 Queensland businesses from Coolangatta to Charleville, Coorparoo to Cloncurry, and right up to the Cape.”
Minister for Employment and Small Business Di Farmer said boosting procurement with Queensland small and medium-sized businesses was growing good jobs to support local communities across the state and fuel our economy.
Chamber of Commerce and Industry Queensland (CCIQ) chief executive Heidi Cooper said there were significant opportunities for Queensland businesses and economies to benefit from procurement opportunities over the next decade.
“In 2022 we saw a small and medium business target of more than 25 per cent of procurement for small business achieved and payment terms secured at 20 days,” Ms Cooper said.
“To know that target has been increased again could not have come at a better time for Queensland businesses as they prepare for opportunities for long-term growth, diversification and resilience.
“Procurement has a significant role in those opportunities and means businesses have access to even greater horizons in working with the State Government.
“This is not only a benefit to those businesses, but to the economies, industries and communities they are a part of.”
Businesses can register their interest in supplying the 2032 Brisbane Olympic and Paralympic Games here: https://www.business.qld.gov.au/running-business/marketing-sales/tendering/supply-queensland-government/olympic-games
