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European Australian Business : 2008
66 Tasmania is an island of opportunities. World-renowned for its natural beauty, fine food and beverage and its friendly and industrious people, Tasmania is on the ‘must-visit’ list of millions of people around the world. This beautiful island off the south-east corner of the Australian mainland is rich in natural resources and re- sourceful people. Importantly, it also offers strong investment and trade opportunities for discerning and en- terprising global businesses. Tasmania has a world-leading maritime industry based on its rich sea-going heritage. Today, Tasmania produces the world’s fastest large-vehicle and passenger ferries, inflatable ship-evacuation systems, submersible and retrievable marine marker buoys, individually-tai- lored hydraulic systems and inflatable clothing for commercial and recre- ational water activities. The Tasmanian aquaculture industry has developed innovative fish-feeding techniques, fish containment methods and sea cages that are being marketed worldwide. Tasmania sells high-performance communications systems to com- mercial, military and leisure marine markets, is the world leader in marine fire protection and provides world- class maritime training courses. The island’s innovation and creativity is apparent in the services and products it produces. Through institutions such as the University of Tasmania and the CSIRO Marine Laboratories, the state is a hub for special and cooperative research centres such as the Antarctic Climate and Ecosystems Cooperative Research Centre, the Centre for Ore Deposit Re- search and the Cooperative Research Centre for Sustainable Production Forestry. The island’s essential infrastructure is investment-ready. Tasmania has a diverse and abundant energy supply comprising hydro, wind and natural gas. The island’s current energy capacity will meet the needs of industry well into the 21st century. The telecommunications network has digital capability and is interconnected by digital transmission. Tasmania is served by a state-of-the-art optic fibre cable providing high-speed voice and data links. The availability of cost-competitive telecommunications bandwidth and applications is assisting the expansion Tasmania: trade and investment Trade & Investment – on the “Must Visit” list of millions of people around the world