Aviation and Aerospace - Invest Victoria
Aviation and Aerospace - Invest Victoria
Aviation and Aerospace - Invest Victoria
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Quick facts<br />
Melbourne is the natural home of Australia’s aviation <strong>and</strong> aerospace industry<br />
with the right mix of industry players, research institutes <strong>and</strong> education providers<br />
collaborating to continually drive competitiveness.<br />
The world’s third most liveable city, Melbourne offers<br />
investors access to reliable telecommunications <strong>and</strong><br />
business infrastructure, a sound regulatory regime,<br />
<strong>and</strong> a strong manufacturing base with competitive<br />
business costs.<br />
As the capital city of <strong>Victoria</strong>, Melbourne is the heart<br />
of Australia’s most dynamic <strong>and</strong> fastest growing state.<br />
A strong aviation <strong>and</strong> aerospace sector<br />
• Critical mass: <strong>Victoria</strong>’s aviation <strong>and</strong> aerospace<br />
sector employs over 22,000 people in more than<br />
500 businesses. The sector is supported by a number<br />
of world-class research institutes <strong>and</strong> education<br />
providers.<br />
• World-class infrastructure: Melbourne has two high<br />
quality airports, Melbourne <strong>and</strong> Avalon, with plenty<br />
of space to further increase capacity.<br />
• Highly skilled workforce: Melbourne provides<br />
access to Australia’s most educated workforce with<br />
world-class facilities <strong>and</strong> the highest number of<br />
engineering <strong>and</strong> related graduates in the country.<br />
• Cost effective: Melbourne Airport is one of the most<br />
cost effective international airports in the Asia-Pacific,<br />
named ‘Low Cost Airport of the year’ in 2009 by the<br />
Centre for Asia Pacific <strong>Aviation</strong>.<br />
• Competitive manufacturing capability: <strong>Victoria</strong><br />
is the centre of advanced engineering <strong>and</strong><br />
manufacturing accounting for around 40% of<br />
Australia’s activity in these fields. In 2008-09 the<br />
<strong>Victoria</strong>n aviation <strong>and</strong> aerospace sector exported<br />
over $800 1 million of products <strong>and</strong> services.<br />
• Globally connected: With over 500 international<br />
flights per week <strong>and</strong> five million international<br />
passengers per annum, capacity at Melbourne<br />
Airport continues to grow.<br />
• Leading logistics hub: Melbourne is Australia’s<br />
leading logistics hub with the airports complemented<br />
by efficient road, rail <strong>and</strong> port infrastructure networks.<br />
• A supportive government: The <strong>Victoria</strong>n Government<br />
actively supports the growth of the aviation <strong>and</strong><br />
aerospace sector, committing $3 million to developing<br />
the business case for a new <strong>Aviation</strong> Training <strong>Victoria</strong><br />
facility in 2010.<br />
• Regional leadership: Melbourne hosts the biennial<br />
Australian International Airshow <strong>and</strong> <strong>Aerospace</strong><br />
<strong>and</strong> Defence Expo, the southern hemisphere’s largest<br />
aviation, aerospace <strong>and</strong> defence trade show.<br />
A dynamic economy <strong>and</strong> lifestyle<br />
• A strong economy: Consistently growing at almost<br />
4% for the past decade, <strong>Victoria</strong> has an economy<br />
larger than Singapore <strong>and</strong> the United Arab Emirates.<br />
• Surviving the Global Financial Crisis: Australia<br />
was the only advanced economy to record positive<br />
growth in 2009. <strong>Victoria</strong> led the nation in job creation<br />
during this time.<br />
• Easy to do business: Australia is rated as one of the<br />
top 10 countries in the world by World Bank for ease<br />
of doing business.<br />
• Low cost real estate: Melbourne has higher<br />
commercial property availability at lower costs than<br />
Shanghai, Singapore, Bangalore, Mumbai, Sydney<br />
<strong>and</strong> Brisbane.<br />
• Growing: Melbourne is the fastest growing capital<br />
city in Australia with a population of four million.<br />
• Multicultural: Over half of Melburnians were<br />
either born overseas or have a parent who was born<br />
overseas, <strong>and</strong> 26% usually speak a language other<br />
than English at home. This diversity is a clear strength<br />
for global companies.<br />
• Fantastic lifestyle: The Economist Intelligence Unit<br />
consistently rates Melbourne as one of the world’s<br />
three most liveable cities <strong>and</strong> the most liveable city in<br />
the Asia-Pacific.<br />
1 Figures provided throughout this publication are in A$. As of April<br />
2010, A$1 is worth approximately US$0.93.<br />
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