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European Australian Business : 2008
dar of over 20 international events that very few other cities in the world can rival. All these strengths are underpinned by a highly-skilled, multilingual workforce, a strategic time zone that bridges European, Asian and US working hours, Australia’s only 24 hour international airport, the largest container port in Australia, and a very stable economic, political and social environment with strong and trans- parent legal and financial systems and intellectual property protection. All this is driving a dynamic, AAA-rated economy, equivalent in size to that of Singapore, Ireland or Malaysia that accounts for around a quarter of Aus- tralia’s GDP. And our economic growth supports a superb quality of life that has seen Melbourne frequently judged as one of the world’s most liveable cities. Major European companies that have already found Melbourne to be their best base in the region include Robert Bosch, Alstom, AXA, Thales, Thomson, Siemens, Aldi GlaxoSmithKline and L’Oreal. The Victorian Government remains committed to maintain Victoria as Australia’s most investment-ready destination, especially for high-skilled, knowledge and innovation-driven in- dustries. We have a very pro-business regulatory environment, supported by a whole of government approach to investment and trade facilitation. We have embarked on the most ambi- tious infrastructure program of any Australian State, spanning transport, energy, communications and R&D fa- cilities. We are continuing to strengthen our world-class education system and our health care services, backed by 15 internationally recognized medical research institutes. Our leadership in environmental, water and waste technologies are ensuring a sustainable future for Victoria’s clean, green environment. Melbourne is Australia’s cosmopolitan and internationally connected hub for research, innovation and the creative industries. I invite you to contact our Victorian Government Business Offices in Lon- don and Frankfurt or Invest Victoria and discover for yourself just what Victoria can offer for international ventures looking to the new technolo- gies, services and markets that will drive growth in the 21st century. The Hon John Brumby MP Premier of Victoria Federation Square Area: 227,420km 2 Population: 5.21m Capital: Melbourne Gross State Product: A$247.4bn The Hon John Brumby MP Premier Victoria victoria 39