Global investors to Geelong's doorstep

GEELONG region will be open for business as the Victorian Government showcases the best of the state for 150 key international buyers and investors including members of a global 'CEO Fortune Club'.

Minister for Small Business, Innovation and Trade Philip Dalidakis said the third Victoria Invitation Program would bring delegates from 19 countries for the state’s flagship inbound trade mission.

Across four days (from March 14) delegates will meet and network with hundreds of Victorian businesses in sectors including health, medical technology, e-commerce, fashion, sports technology and financial services.

Geelong will be among key regional destinations with delegates visiting Deakin University and tourism attractions today (March 15) to evaluate success stories, innovation, infrastructure and investment opportunities.

A State Government representative said members of the 'Fortune Club' had a net worth of $4 billion.

Since inception in 2015 the Victoria Invitation Program has drawn more than 1000 international delegates to the state for meetings with more than 1100 businesses, helping generate more than $50 million in actual export sales and $280 million in projected sales.

“This program is all about helping our local businesses make new partnerships that will increase exports and attract more investment to the state, which means the creation of more jobs and a growing economy,” Mr Dalidakis said.

“Our targeted inbound trade missions are bringing major investors from across the globe to our doorstep to see first-hand why Victoria is a great place to live, work and do business.”

The program is part of a four-year $12 million State Government initiative to build a strong and sustainable inbound trade program, helping drive exports and create jobs.

Delegates will be able to attend Melbourne Fashion Festival and the city's Formula One Australian Grand Prix.

Source: Based on a State Government media release