Sparking new ideas Sydney’s entrepreneurial spirit is under the spotlight. BESydney is working closely with the NSW Government and business community to give the world’s thought- leaders, researchers and educators the chance to tap into the wealth of creativity, ingenuity and technological and research expertise in the city and region. Sydney is home to internationally-renowned universities and research institutions, and excellent links are now being fostered between the business community and Open for global business • NSW’s triple A-rated economy brings in A$54 billion in private investment each year, offering a stable and low-risk business environment • NSW’s diverse economy is larger than economies of Hong Kong, Singapore and Malaysia • More and more international companies investing, expanding and relocating to Sydney and NSW • Australia has the security of a stable
higher education. Sydney’s exceptional quality of life, its cosmopolitan and outdoor lifestyle, sparkling seafronts and vibrant culture, is consistently ranked highly in world city surveys and enhances the experience for residents and visitors alike. “Sydney quite simply shines,” says Dr Marlene Kanga, National President of Engineers Australia. “But it’s not just a beautiful city, it’s a smart city. It has tremendous intellectual capital that drives innovation, and I think this is what makes Sydney so exciting and inspiring.” • Australia rated the fourth most efficient country in the world for starting a business, according to The World Bank’s Doing Business 2014 • NSW’s top trading partners: Japan, US, China, UK, India, Malaysia, UAE, South Korea, Singapore and Indonesia • Sydney is home to people from 180 nations who speak 140 languages. Of the city’s nearly 160,000 residents, approximately 46 per cent or 56,000
were born overseas. More than 32 per cent or 38,000 residents speak a language other than English at home.
political environment and transparent legal system
• NSW infrastructure investment totals A$59.3 billion from 2014-17
Bright minds, big city: Sydney’s intellectual capital • A magnet for skilled, ambitious people from all cultures • A leading centre for business, leisure, education and culture • Strong in knowledge-based industries • Innovation and investment in key business sectors • Almost 40 per cent of the top 500 Australian corporations are based in Sydney • Global outlook, energy, ideas and optimism • A major financial centre, attracting investment capital • Well-regulated legal and banking systems, effective competition laws and efficient, transparent business environment • Competitive business sectors identified in health and education • Dynamic links between universities and business community • Innovation, technology and research attracting the world’s thought-leaders • Cosmopolitan and vibrant culture • Australia’s number one destination for business events, according to the ICCA and UIA rankings 2013.
ICC Sydney: showcase venue for world-class events
Destined to be one of the Asia Pacific’s premier business events precincts, and attracting world-class international events, the new A$1.1 billion ICC Sydney will open on Sydney’s central waterfront location of Darling Harbour as part of a mammoth regeneration project to create a vibrant cultural hub. The fully-integrated flagship venue, opening in late 2016, will offer convention facilities capable of collectively hosting more than 12,000 delegates, with the possibility of three concurrent events, and a total exhibition space of 35,000sqm, plus an external deck, bar and lounge of 5,000sqm, which boasts breathtaking waterfront views. With strong transport and accommodation links and easy connections to Australia’s largest central business district and higher education institutions, ICC Sydney will
incorporate the latest technology and flexible, multi-purpose spaces together with a striking contemporary design. Other facilities include a grand ballroom, red carpet theatre, 8,000sqm of meeting room space and an innovative fan-shaped theatre layout to bring host and audience closer. ICC Sydney is part of the extensive A$2.5 billion Darling Harbour Live urban transformation project, funded in partnership with the NSW Government. In a boost to Sydney’s global financial sector, BESydney has already secured the world-leading financial services conference Sibos 2018 (see page 5), one of 17 events confirmed so far for ICC Sydney with a combined estimated economic impact to NSW of almost A$145 million.
INTELLECTUAL CAPITALS | 2014 | SYDNEY 3
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