20 February 2014
Over 200 leading Victorian companies along with senior State Government Ministers will visit the Middle East, Turkey and India to explore new trade and investment opportunities as part of two major Trade Missions.
Led by Victorian Minister for Employment and Trade, Louise Asher, a delegation of more than 110 organisations will visit the United Arab Emirates (UAE), the Kingdom of Saudi Arabia, Oman and Turkey.
Ms Asher will then lead more than 100 organisations to Mumbai, Trivandrum, Bangalore, Delhi and Ahmedabad. For the first time, a Victorian-led Indian mission will also visit the State of Kerala the following week.
Ms Asher said the 65 Victorian Government led trade missions to key markets since 2011, including China, India, South East Asia and the Middle East, have generated over $4 billion of export opportunities over a two year period.
“The Middle East and Turkey mission will build on this success by seeking new business opportunities in food and beverage, agriculture, education, urban design, marine and fashion. We are determined to expand our presence in this market,” Ms Asher said.
“The Super Trade Missions to the Middle East region in 2012 and 2013 combined generated anticipated export sales of more than $445 million over a two year period.
“Dubai has won the bid to host the World Expo 2020 which will generate major infrastructure projects across the country and open up substantial opportunities for Victorian companies with expertise in events management, infrastructure and construction.
“Big infrastructure projects across the Gulf Cooperation Council, such as new freight and passenger rail projects worth about US$200 billion will also have prospects for Victorian design and construction companies.”
Accompanying Minister Asher on the Middle East mission, Victorian Minister for Agriculture and Food Security Peter Walsh said Victoria was already Australia’s largest supplier of food and fibre to the Middle East and this Super Trade Mission would provide exporters with more opportunities to either increase sales or begin exporting to the region for the first time.
Minister Asher will be joined by Victorian Minister for Technology Gordon Rich-Phillips for the India mission, the tenth mission to the area since December 2010.
Mr Rich-Phillips said the India mission will continue to build the profile of Victorian exports in India and showcase Victorian business capability in education, health and aged care, information and communication technology, infrastructure, sustainable urban design and tourism.
“India is a fast-growing export market and Australia’s fourth largest two-way trading partner, with goods and services trade approaching $17 billion,” Mr Rich-Phillips said.