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New High Speed Cable a Game Changer for Sunshine Coast Business

Marcus Muir
Marcus Muir
12/02/19

Attracting a high volume of both interstate and international businesses, the increased speed will provide a range of new opportunities and give major data-intensive companies such as Facebook, Google, Amazon and Microsoft the opportunity to revisit the benefits of where they locate their Australian investments.

Construction has begun, and from 2020, the Sunshine Coast will deliver Australia’s fastest telecommunications connection to Asia and the second fastest to the United States.

The new high-speed telecommunications submarine cable has been labelled as a game changer for South-East Queensland.

Attracting a high volume of both interstate and international businesses, the increased speed will provide a range of new opportunities and give major data-intensive companies such as Facebook, Google, Amazon and Microsoft the opportunity to revisit the benefits of where they locate their Australian investments.

The cable, along with the Maroochydore CBD expansion and the new airport upgrade, will put the Sunshine Coast on the international business map as a leading investment destination for commerce and industry. Sunshine Coast Regional Council have already received more than 80 business leads in the last few months and expect to attract the attention of the world’s biggest data users and those looking for a location with superior telecommunications and data infrastructure.

The project will lead to faster more affordable broadband access and stimulate investment that will create hundreds of new jobs including the migration of high-value jobs in finance, banking and technology to the region.

Already announced the nations property hotspot and the fastest growing region in Queensland, the Sunshine Coast has a further $20 billion infrastructure pipeline.

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Source: https://www.sunshinecoast.qld.gov.au/submarinecable