Micronanosystems
The State of Victoria in Australia has been implementing a nanotechnology incentive
programme that continues to provide evidence that they are moving towards
becoming a major Asian manufacturing gateway. Ben Foskett, CEO of Invest
Victoria, the state’s agency for inward investment, takes a look at Victoria’s
burgeoning advanced manufacturing sectors.
Nanotechnology state
W
hilst famous for its fabulous Australia is now enjoying an economy in its 17th year of
lifestyle, sporting passions and expansion, boosted by flourishing trade and investment
tourist highlights, Australia is also relationships with the emerging economies of Asia. As a
fast becoming a magnet for result, the country is now widely recognised as a dependable
companies seeking to develop growth in their businesses and business bridge for companies seeking to enter the lucrative
trade within the Asian Pacific region. Melbourne’s unique Asian markets. In the next ten years, it is forecast that Asia’s
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geographic time zone advantages, political stability and economies will account for 45 per cent of world GDP (based
cultural affinity with Asia and American/European business on purchasing power parity), significantly more than the
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environments have made it an increasingly attractive United States and Europe combined (Consensus Economics,
.eur proposition. For companies operating in the advanced
oasiasemiconductor
manufacturing sectors, there is much to offer in the State of
Victoria and Melbourne in particular.
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Issue IV 2009
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