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Invest Victoria Newsletter
Issue 5 - August 2008

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Dear Investor

The August edition features a new $1.4 billion oil and gas project, exciting developments in CO2 capture and clean coal collaboration, a survey that ranks Melbourne number one for business travel, details on Victoria's thriving design and food & wine industries as well as the announcement that Melbourne will host the Australian Grand Prix until at least 2015.

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Invest Victoria is the investment promotion agency for the State Government of Victoria, Australia

 
 In this issue
$1.4 billion oil and gas project
Victorian CO2 capture an Australian first
Etihad Airways to start daily flights
Melbourne No.1 for business travellers
Clean coal collaboration with China
Victoria showcases design
Food and wine on show to the world
Grand Prix secured for another 5 years
 


  New $1.4 billion oil and gas project for Victoria



  The green light has been given for a $1.4 billion joint project by ExxonMobil Australia and BHP Billiton Petroleum to develop the Turrum oil and gas field in the Gippsland Basin.

It is expected the Turrum oil and gas field contains more than 110 million barrels of oil and gas liquids and one trillion cubic feet of gas – enough energy to power a city of one million people for 20 years.

Read more...



  Victorian CO2 capture an Australian first



  CO2 has been captured in Victoria’s Latrobe Valley from coal fired electricity generation for the first time in Australia, providing a significant breakthrough in the development of carbon capture technology.

The Latrobe Valley Post Combustion Capture Project uses technology which separates carbon dioxide from power plant flue gas, so it is then ready to be stored deep underground.

Read more...



  Etihad Airways to start daily Melbourne flights



    Visitors to Melbourne from key markets including Abu Dhabi, the UK and Europe will have access to new non-stop daily flight services between Melbourne and the United Arab Emirates from early next year.

United Arab Emirates (UAE) carrier Etihad Airways is set to commence daily Airbus A340 services between Abu Dhabi and Melbourne in March 2009.

Read more...



  Melbourne remains number one with business travellers



    Melbourne has been voted the most popular destination for business travel, according to accommodation website Wotif.com.

One in three (33%) business travellers surveyed chose the Victorian capital city above Sydney (27%), Brisbane (10%), Perth (9%) and the Gold Coast (7%) as part of Wotif.com’s annual business traveller’s survey.

Read more...



  Green light for clean coal collaboration with China



    Victoria is on track to becoming the world leader in clean coal technology, with the Victorian Government giving the green light for construction to begin on a new $750 million power station in the Latrobe Valley.

The new plant, a collaboration between HRL, leading Chinese power station construction firm Harbin Power Engineering Company and the State and Federal Governments, is due to be operational by 2012/13 and will create 300 jobs during construction, with 36 ongoing jobs when the power station comes online.

Read more...



  Victoria showcases innovative and sustainable design



    Victorian innovation and sustainability have been recognised in the 2008 Premier’s Design Awards, a flagship event for the State of Design Festival.

Victorian Innovation Minister Gavin Jennings said the State of Design Festival includes over 45 public events and Design Capital, a major conference featuring local and international design industry leaders as well as an exhibition of the Premier’s Design Award winners at the Melbourne Museum.

Read more...



  Melbourne's food and wine on show to the world



    Melbourne will take centre stage at the world’s largest and longest food and wine festival, the 2008 Epcot International Food & Wine Festival, at the Walt Disney World Resort in Florida, USA, from 26 September to 9 November 2008.

Read more...




  Melbourne secures Grand Prix for another five years



    Melbourne will host the Australian Grand Prix until at least 2015 after securing a new contract with Formula One Management in London.

Victorian Premier John Brumby said the Grand Prix was the jewel in Melbourne’s major events strategy.

Read more...


   UPCOMING INDUSTRY EVENTS

World Sustainable Building Conference
21 - 25 September 2008
Melbourne
China International Cyclic Economy (CICExpo)
23 - 25 October 2008
Qingdao, China
AusBiotech
26 - 29 October 2008
Melbourne

   UPCOMING MELBOURNE EVENTS

Taste of Melbourne
22 - 24 August 2008
Melbourne
Melbourne Spring Fashion Week
1 - 7 September 2008
Melbourne
Disclaimer

Invest Victoria provides the above information in good faith. No responsibility can be accepted for changes that may subsequently occur or for errors in information supplied.

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