The Australia US Free Trade Agreement (AUSFTA) has promoted innovation in both the United States and Australia by enshrining strong protections for intellectual property and cross-border investments, securing ongoing access to each other’s services markets and guaranteeing open trade settings that facilitate cross-border supply chains.
Infrastructure is one of the major sectors in the Australian economy that provides rich opportunities for US companies considering financing, constructing, owning or operating major civic and transport infrastructure assets. There is a wide array of investment opportunities in road, rail, seaports, airports, energy, water and social infrastructure.
Beyond 2020, a significant pipeline of public sector–backed projects are being brought to market, with the majority of these projects involving transport infrastructure in large cities. This is creating opportunities for US companies with particular experience in complex engineering and construction projects.
Australia is also seeking new and future transport technology and services to address increasing urbanisation, rapid population growth and environmental sustainability. It is already home to a large number of future transport innovators that can provide expertise and solutions to international transport authorities, including Tritium, which is manufacturing world-leading electric vehicle charging infrastructure.
Mateship
Through supporting individuals, families, businesses and communities in both the United States and Australia, AUSFTA embodies the idea of our enduring partnership; our Mateship. The 15th Anniversary of AUSFTA provides a time to reflect and celebrate the innovation, jobs and prosperity both nations continue to foster across the Pacific.
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