2016-17 Annual Report 2016-17 Annual Report | Page 6

Mayor's Report On reflection, this year has been a satisfying one in my role as Mayor, with years of visionary planning, lobbying and sheer hard work, resulting in some significant achievements for the Toowoomba Region. Our strong and diverse economy, coupled with a major infrastructure boom and strong business confidence is creating a palpable sense of prosperity across the region, with all eyes looking to the Toowoomba Region. We are the envy of regional Australia and with good reason. With a GRP of $9.58 billion, the Toowoomba region is one of the most diverse economies in Australia. Our population statistics tell a story of steady and manageable growth, with 50,000 new residents expected to call our region home by 2035. Our message that the region is ‘open for business’ has resonated around the world, with public and private infrastructure investments in the region totalling around $13 billion. Toowoomba’s economic role as a major regional city, agricultural hub, knowledge and research centre, and freight and logistics hub provides enormous strengths and competitive advantages. The future is bright. This year, our bold ambition of becoming one of Australia’s major inland ports edged closer to becoming a reality, with the federal government committing to f