Monday, 17 June 2019 23:16

Sydney hosts global business leaders at world investment forum

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Sydney hosts global business leaders at world investment forum Image Stuart Miles at FreeDigitalPhotos.net

Over 400 global business leaders and senior officials from 36 countries have converged on Sydney for the 2019 World Forum for Foreign Direct Investment which opened on Monday.

NSW Minister for Jobs, Investment, Tourism and Western Sydney, Stuart Ayres, said the three-day forum — taking place from 17 to 19 June — and funded by the NSW Government will provide an opportunity to attract global investment to key industry precincts being developed across the State.

“The World Forum for Foreign Direct Investment has been secured for Sydney for the first time and brings global business leaders and government officials together to discuss international investment issues and opportunities,” Ayres said.

As part of the forum, delegates will tour key investment precincts, including the Western Parkland City, Westmead Health, Education and Research Super Precinct and Sydney Innovation and Technology Precinct to promote business opportunities in defence, aerospace, start-up and tech, health and medtech, manufacturing, agribusiness, and education sectors.

“The investment appeal of our regions will also be championed including the Special Activation Precincts being developed in centres like Parkes and Wagga Wagga,” Ayres said.

“Sydney is the ideal host for this important forum as Australia’s business capital. NSW has the lowest unemployment rate of any state and a flourishing economy that has seen 28 years of consecutive growth.”

Lyn Lewis-Smith, chief executive of BESydney, which secured the World Forum for Sydney, said such global gatherings provide “long tail benefits” above the expenditure of delegates.

“Forums like these help deliver on economic development goals, attract investment and talent, creating a focused time and place to form vital relationships for cross-border investment.”

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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