How Queensland businesses can cash in on Olympics
Businesses across regional Queensland will have the chance to cash in on a 2032 Olympic and Paralympic Games, with the State Government releasing its shopping list in the event of a successful bid.
Premier Annastacia Palaszczuk said hosting the Olympics presented an enormous economic opportunity for Queensland's regions as well as the southeast, with companies totally transforming their bottom lines after the lucrative Sydney Olympics in 2000.
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She is urging businesses from Cairns in the north to Coolangatta on the border to share in the economic benefits, with a range of opportunities on offer from supplying screens and scoreboards to costumes.
"But, as always, we make our own luck," she said.
"Following last year's COVID upheaval, the Olympic and Paralympic Games gives us the hope of greater investment, tourism and economic activity.
"This will be especially so with our policy of supporting Queensland companies first."
Ms Palaszczuk said there would be opportunities to supply screens, scoreboards, car fleets, uniforms, ambulances, audio systems, banners, cabling, CCTV, costumes and doping control equipment, to name just some of the equipment and goods that would be needed.
Services would also be required in torch design and production, advertising, hydraulic works, civil design, pyrotechnics, photography, landscaping, legal services, catering and ceremony production.
She said companies which benefited from the Sydney Games included:
- Starena International, based at Gosford, which signed with 22 international distributors after its seats were used in the Sydney Olympics aquatic, equestrian and tennis centres;
- Timber builders Lahey, in Kempsey, grew from a local provider for showground pavilions to become a worldwide timber supplier; and
- Small earthworks company from Newcastle did major earthworks for Homebush and has now doubled in size to work on major government road contracts.
Ms Palaszczuk said it was up to individual businesses and councils to make the most of the Games, which is expected to support around 130,000 direct jobs, generate an increase of up to $8.6 billion in trade opportunities and generate $20 billion in international visitor expenditure.
"No-one is going to present these opportunities," she said.
"It is up to us to make the most of it."
Opportunities for Queensland companies include supplying the following:
Screens & Scoreboards
Accreditation Equipment & Supplies
Audio Visual Equipments
Torch Design and Production
Ceremonies - Lighting
Ceremonies Communication System
Doping Control Equipment
Environmental Impact Monitoring Equipment
Fascia and vomitory boards
Fence & Barricade
Fence & Barricade Fabric
FF&E - General
Gift Bags/Welcome Kit
Material Handling Equipment
Medal Ceremonies Equipment
Other Technology Resources
Spectator Services Equipment
Staff Induction Gift Items
Structures and poles
Temporary Structures & Portables
Village FF&E (over 60 items)
Waste Recycling Equipment
Accommodation - apartments (multiple)
Accommodation - hotels (multiple)
Catering services & equipment
Ceremonies Equipment & Services
Ceremonies Venue Hire
Cleaning and Waste Services
Consultant - Licensing
Consultant - Recruitment
Consultant - Signage and Wayfinding
Consultant - Sponsorship
Consultant - Venue Development
Environmental Consulting Services
Freight Forwarding Services
Games News Service Provider
Games Television Services
Games Village Catering
Look Services & Equipment- Miscellaneous
Market Research Agency
Occupational Health & Safety Services
Spectator Services Service Provider
Sport Presentation Provider
Translation & interpretation
Travel - Air
Administration technology systems
Cast management system
Games Information System
Planning and operations Systems