Minister for Technology Gordon Rich-Phillips today welcomed news that Chinese ICT company VanceInfo Technologies Australia will make Melbourne its Australian and New Zealand headquarters with a commitment to create 100 new local jobs by the end of 2012.
VanceInfo Technologies Inc is a US-listed Chinese ICT service and outsourcing company with operations in China, Japan, Australia, North America and Europe. The company's Australian branch was established recently and the Melbourne office currently employs 40 staff.
"VanceInfo's expansion in Victoria is testament to our state's ability to attract cutting-edge companies from around the globe," Mr Rich-Phillips said.
"This announcement follows the release of Victoria's Technology Plan for the Future – Information and Communication Technology – an $85 million plan to promote ICT-enabled innovation and support the growth of internationally competitive and recognised ICT businesses, such as VanceInfo.
"The Victorian Coalition Government is investing in the ICT sector to ensure that the right conditions exist in Victoria to support the growth of ICT businesses and boost Victoria's digital economy.
"As a highly competitive business location, Victoria offers companies access to world-class talent and R&D infrastructure in a cost-competitive business environment.
"China is our number one trading partner and the Victorian Coalition Government is committed to building strong relationships with China around ICT. Our state has much to offer China, particularly in the development and application of ICT technologies to assist China's growth," Mr Rich-Phillips said.
VanceInfo's President David Chen announced the expansion.
"Victoria is an excellent location to set up VanceInfo's Australian headquarters, with access to talented resources to support business growth, good infrastructure, and support from the Victorian Government," Mr Chen said.
VanceInfo Technologies is headquartered in Beijing and 90 per cent of its 12,000 employees are based in China.