There are many great reasons to invest in Ipswich.
The City of Ipswich's economic profile presents economic information that enables you to describe the area's role within the broader economy, explore options for economic development and promote the area's strengths. The information presented here is derived from official sources of information (Australian Bureau of Statistics) as well as Australia's leading economic modellers, NIEIR. The latest data from each series is always presented in this site.
Economy.id industry structure and industry sector profiles use a National Accounts regional econometric model developed by National Economics (NIEIR).
Major industries include building industry and metal product manufacturing, food product manufacturing, and logistics and warehouse distribution. Its location within South East Queensland characterises it as an economic growing area, with ability to supply Queensland and New South Wales, airports and Brisbane Port.
The strength of Ipswich's industry base is in its diversity, which provides ample opportunities for economic growth and prosperity.
Today, Ipswich comprises a diverse economy led by aerospace, manufacturing, education, health and transport.
Amberley is Australia's only RAAF Super base and the Department of Defence has committed $1.1b to its development. The base is home to 24 x F/A-18F Super Hornets, requiring $117.1m for upgrading supporting facilities, and four C-17 Globemaster heavy transport aircraft. There are 3,500 personnel on site, projected to reach 5,000 by 2014.
Ipswich has two Universities and a major TAFE College, as well as numerous public and private schools to service the growing population.
Bellbird Park, Springfield, Ripley Valley and Redbank Plains are among 10 areas in south-east Queensland to get new schools. This is a reflection of the growth pattern in the Ipswich region.
Education City at Springfield continues to grow.
One of the growth industries in Ipswich. The Workshops Rail Museum is a popular attraction. The tourism offerings available can be found at the Ipswich Visitor Information Centre.
The Ipswich Motorsport Precinct is the home of motorsport in Ipswich and sets the scene for high-speed action and crowd pulling excitement. The motorsport precinct is also home to Willowbank Raceway, Ipswich Kart Hire and the Ipswich Kart Club and Queensland Raceway.
Synergy Technology Park is a purpose-built industrial development offering cost-effective solutions to energy supply, cold storage, thermal energy, warehousing and transport.
The manufacturing industry provides the greatest total economic contribution to the Ipswich economy, in excess of $2.5 billion annually.
Transport and storage industry is major contributor to the Ipswich economy due to the strategic positioning of Ipswich with major highway access on the Cunningham and Warrego Highways and the Ipswich Motorway to the Gold & Sunshine Coasts.
Currently, Ipswich has a number of locational features which can also function as a competitive advantage and be leveraged for future economic development and job growth:
Availability of Industrial Land : Ipswich has competitive cost advantages and access to plentiful light and heavy industrial land zoning. Ipswich is leading the way with accelerated rollout of high speed fibre optic broadband by the National Broadband Network.
Proximity to export infrastructure: Ipswich is strategically placed en route to Queensland's major export infrastructure, the Port of Brisbane, Brisbane West (Toowoomba) Airport and the Brisbane International Airport. As such, this makes the area a key candidate for export oriented businesses.
Road & rail infrastructure: Ipswich is directly connected to major highways (Cunningham, Centenary, Warrego, Ipswich, Logan, Gateway and M1) rail, 3 airports and Brisbane port including B-double access and direct link to Power Stations.
Existing manufacturing strength: Ipswich has an existing strength in the manufacturing sector particularly in many advanced manufacturing industry sectors. As such there are extensive existing supply chains for these types of companies as well as a large pool of existing labour.
Linkages with education & training facilities: Ipswich has a number of connections with local education and training facilities which support local industry. Key facilities include University of Southern Queensland and TAFE with specialty training areas including health (e.g. nursing), sustainability (e.g. environmental management) and manual trades (to support the local manufacturing sector).
The City of Ipswich has developed, over a number of years, strong international partnerships.
Council's responsibilities include:
Nerima City, Tokyo - Originally signed 15 October 1994 - Friendship & Bilateral Cooperation - by Mayor Dave Underwood; 10th Anniversary Partnership Agreement signed 21 October 2004 by Mayor Paul Pisasale
The agreement has included annual education exchanges, gifts of library books; Rotary visits; cultural exchanges (RAAF 2WG Band); school Rugby Union tours; country music groups and local government visits. One of the significant outcomes of this agreement is the assistance and support (both financial & human) provided by Nerima City Office and Tokyo Nerima-West Rotary Club in the construction of Nerima Gardens Stages 1 and 2 located to adjacent to Queen's Park and the Environmental Education Centre.
Hsinchu Hsien - Signed 21 April 1994 - Ipswich is a partner in a SE Queensland Region to Region Relationship - originally signed by Mayor Dave Underwood and other Mayors from around SE Qld.
Shenzhen Bureau of Trade & Industry, Guangdong Province - Signed 28 March 2006 - Intention Agreement to Establish an Economic and Trade Cooperation Zone
Zhengzhou, Henan Province – Drafter Agreement of a Sister City Relationship – signed 4 February 1999 with a focus on Commerce and Trade, Science and Technology, Culture and Tourism.
Chengde City Hunan Provide, a friendship City Agreement was signed on 14 May 2007 creating a Annual Poetry Festival in both Cities. This was extended to a Sister City Agreement on the 10 June 2011 with a focus on education exchanges.
Wenzhou City, Zheijiang Province, a Sister City Agreement was signed on 1 April 2011 creating an Annual Photographic Exbition.
Federation of Karnataka Chambers of Commerce & Industry - Signed 21 April 2009 - Memorandum of Understanding
Hyderabad Tri-Sister City Agreement, signed 5th October 2010 alongside the city of Brisbane.
For further information regarding our international agreements, please contact our Economic Development Officer on: (07) 3810 7763.
For the latest Western Corridor planning and growth information:
South East Queensland Regional Plan (PDF, 3.5 MB)
South East Queensland Infrastructure Plan and Program (PDF, 940.7 KB)
Ipswich City Council has prepared an Economic Development Plan 2009-2031 which provides direction to key stakeholders and partners to support and build Ipswich's economic development for the next 20 years.
This plan focuses on a program of actions under four themes that will achieve the city's vision for growth:
This plan is available for download in either the full version or the Executive Summary.
Economic Development Plan 2009 - 2031 (PDF, 2.2 mb)
Economic Development Plan 2009-2031 Executive Summary (PDF, 2.6 mb)
The Skilling Ipswich Program is one of 15 lead projects to come from the Economic Development Plan, covering community skilling, industry sector skills strategies, Indigenous employment and expansion of the education and training sectors in the city.
Skilling Ipswich Program (PDF, 604 kb)
The vision for the InfoCity Plan is that Ipswich City will be a leading digital community in Australia. The InfoCity Plan will create a digital innovation community that involves and benefits the wider community and provides the base for innovation and industry leadership in digital technology.
Infocity Plan (PDF, 547 kb)
The Rural Industries Plan supports the development of a vibrant, high value rural industries sector in Ipswich City that adds diversity to the economy, generates tourism and lifestyle benefits and protects and retains good quality agricultural land in the City.