Increasing consumer base in the Indo-Pacific
It is projected that approximately two-thirds of the global middle class will live in Asia by 2030. This will add billions of active participants to the global economy. This emerging consumer base will significantly increase demand for energy and resources as the Indo–Pacific increasingly develops, electrifies and industrialises.
Queensland’s proximity to these markets will create significant opportunities for the state’s resources industry to supply the resources and value-added goods that the region will need.
Last reviewed 09 December 2021