At the heart of 61% of Australia's economic activity and 66% of the population, Melbourne stands as a beacon of economic prosperity. It is situated in the Australian southeast triangle, which has a combined economic output surpassing A$1.4 trillion.
With the Asia Pacific region on its doorstep, Melbourne provides direct access to over 4.3 billion people and a total economy exceeding US$35 trillion, making it an ideal gateway for businesses seeking expansion into dynamic international markets.
The city boasts an advanced digital ecosystem, supported by an outstanding telecommunications network that comprises satellites and submarine fiber optic cables. A strong and diverse industry of multiple service providers plugs into a reliable and stable network infrastructure. The Australian market is deregulated, with local and international players providing competitively-priced services. Free Wi-Fi is available in Melbourne and some regional centers.
Melbourne Airport, Australia's busiest curfew-free passenger and container airport, serves as a vital link to international markets, handling 35% of the country's international air freight market. Similarly, the Port of Melbourne, Australia's biggest and busiest port, efficiently moves over 3.23 million TEU annually, showcasing its prowess in facilitating global trade.
Furthermore, ongoing government investment in transport infrastructure, guided by strategic plans such as Plan Melbourne and the Victoria Infrastructure Plan, underscores Melbourne's commitment to maintaining its status as a global connectivity leader. Projects like the Melbourne Metropolitan Rail and the North East link aim to enhance connectivity and accessibility, further bolstering Melbourne's appeal to investors.
As Melbourne continues to strengthen its connectivity infrastructure and foster a conducive business environment, it remains a preferred destination for investors seeking to tap into the vast opportunities offered by the Asia Pacific region and beyond.
If you would like to learn more about how our connectivity could help your next business development project, contact us.
