$200 million manufacturing investment in Victoria

31-08-2010

The Victorian Government has pulled off a major coup after securing a $200 million Chinese cable contract that will create 200 manufacturing jobs.

Anhui Joy Sense Cable Company recently signed an agreement with the government to set up a new base in Victoria.

This follows a visit by Premier Ted Baillieu and representatives of Victorian trade mission to China.

The location of the new facility is still be finalised.

"This is a significant investment into Victorian manufacturing with a major Chinese infrastructure project supplier establishing an operation here which will employ up to 200 people," said VIC Manufacturing Minister Richard Dalla-Riva. "Victoria is the home of manufacturing in Australia for many reasons, including geographical conditions that lead to ease of transport across road, rail and port logistics, and a curfew-free airport – all of these conditions, plus Victoria's strong fiscal position, make us the ideal state for international companies to choose to invest in," he said.

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