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Local Innovation to Boom Thanks to New World Class Precinct

16 Nov 2016

Sydney’s reputation as an innovation hub will get a major boost following the opening of International Convention Centre Sydney (ICC Sydney) this December, with the integrated convention, exhibition and entertainment precinct proving to be a mecca for prestigious national and international organisations across industries.

More than 400 events have now been confirmed and an intensive schedule of ‘test events’ – designed to ensure the venue is operating to world class standards prior to opening – is underway. As part of this test program, prestigious organisations like the Committee for Sydney have already partnered with ICC Sydney to bring over 170 distinguished members and guests together in a venue built specifically to spark creativity and collaboration.

According to Geoff Donaghy, CEO of ICC Sydney, events like Committee for Sydney’s Annual General Meeting will see the venue play a fundamental role in fostering the local knowledge economy.

“ICC Sydney will deliver over $5 billion in economic benefit to New South Wales in the next 25 years, but it will do more than just deliver a cash injection to the economy. It will also become a place of intellectual combustion and innovation for organisations big and small. Indeed, with mega-events like OpenStack Summit and World Chambers Congress already confirmed, it’s clear that this new venue will cement Sydney’s magnetism as one of the most desirable business events destinations in the world. We cannot wait to officially open our doors next month.”

Dr Tim Williams, CEO of The Committee for Sydney, said the business events that ICC Sydney will attract will deliver a broad range of benefits for locals and businesses alike.

“The impact of business events should not be underestimated. Visiting delegates spend approximately more than six times that of their leisure tourism counterparts, benefiting a raft of industries – from hospitality and retail, to travel and tourism, everyone wins.