Posted on 17. May, 2010 in Victoria

Global technology giant Huawei will establish a global innovations centre in Melbourne, creating more than 200 new jobs in Victoria’s information and communication technology (ICT) sector.

Premier John Brumby today joined Huawei chief executive Ren Zhengfei at the Huawei research and development centre in Shanghai to announce that the company would get a major foothold in Victoria – the economic engine-room of Australia.

“I congratulate Huawei on its decision to invest in Victoria – attractive global investment destination with a highly skilled workforce, one of the most attractive lifestyles in the world, a competitive tax system and a very supportive government,” Mr Brumby said.

“Victoria’s globally competitive ICT sector accounts for a third of Australia’s ICT activity, generates A$26.2 billion in revenue, over $2.4 billion in exports annually and employs about a third of Australia’s ICT workforce.

“Huawei’s new global innovations centre in Melbourne will build on Victoria’s world-class ICT research and development capabilities which includes the Australian Synchrotron, the National ICT Australia Victoria Research Laboratory and the new Centre for Energy-Efficient Telecommunications.”

Chinese-based Huawei Technologies is a leading global manufacturer of telecommunications and networking products for fixed, mobile and optical networks.

Huawei’s sales for 2008 reached USD$23 billion, of which 75 per cent was from international markets. A private high-technology company established in 1988, Huawei is fully-owned by its 87,000 staff through a shareholder scheme.

Mr Brumby said the Victorian Government was also excited to be partnering with Huawei as part of the Institute for Broadband Enabled Society (IBES) at the University of Melbourne.

“Huawei is part of a rapidly emerging information and communication technology cluster in Victoria that includes other multinational corporations such as IBM which has a new heaquarters in Ballarat, Ericsson and Bell Labs,” Mr Brumby said.

 Telstra has also selected Huawei to deploy its first Long-Term Evolution mobile trial in Victoria.  

Huawei Technologies is the latest international ICT company to expand its Victorian presence, following new investments by US-based Kovair and Indian-based Infosys, Attra and BIT. 

The recent 2010 State Budget delivered $461 million worth of tax cuts, cuts to WorkCover premiums and tax incentives to help Victoria’s thriving businesses capitalise on Victoria leading the worldwide recovery from the Global Financial Crisis.

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