Business Expanding The Government of New South Wales (NSW), Australia, establishes North Asia Office in Tokyo to promote trade and investment
Sep 20, 2022
With a population over 8 million, NSW is Australia's most populous state and the country’s economic powerhouse. Japan is the second largest trading partner for NSW, being the first for exports from NSW and third for imports to NSW (2018-2019*). Sydney, the state capital, is also Australia's most populous city, where more than 200 Japanese businesses** operate, collaborate with Australian firms, and contribute to regional jobs and creating innovation.
*Statistics Section, Trade & Investment Economics Branch, Office of the Chief Economist, DFAT (May 2020). Australia’s Trade by State and Territory 2018-19.
**Consulate-General of Japan in Sydney (July 2020)
On 29 March 2021, Investment NSW was established with a mandate to deliver economic and social benefits for the people of NSW by growing the state’s economy to help make NSW a prosperous, inclusive and thriving global hub for business, innovation and talent. As part of the Department of Enterprise, Investment and Trade, it helps attract international investment to NSW and drive trade with key markets around the world, including Japan.
The newly opened North Asia Office in Tokyo will play a key role in building upon the already strong business and people-to-people links between NSW and North Asia (Japan and Korea) in the areas including resources and energy, food and agriculture, infrastructure, manufacturing, property development, ICT, finance, healthcare, professional services, research and education, and tourism.
Upon establishing its Japanese base, JETRO's Invest Japan Business Support Center (IBSC) lent temporary office space (IBSC Tokyo), and also played an active role in helping NSW with the establishment of its new office in Tokyo.
Opening Ceremony of New South Wales Government North Asia Office
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