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Another Milestone in Darling Harbour Transformation

Release Date: 2/09/2015
The Sydney Business Chamber has described the ‘topping off’ of the International Convention Centre (ICC) Sydney as a significant milestone in the transformation of the Darling Harbour Precinct, which will ensure Sydney remains one of the world’s best destinations for business events.
Executive Director of the Sydney Business Chamber, Patricia Forsythe said, “Today marks a key milestone for ICC Sydney with the structural completion of its third and final building. This important project will confirm Sydney as the one of the world’s premier business events’ destinations and boost the economy by an expected $200 million each year.
“In recent years, Sydney has been hampered by the lack of space available for some of the larger international conventions and exhibitions. That has translated into lost economic opportunities for the City as premier events have been snapped up by other cities in Australia and the wider Asia-Pacific region.
“When opened in late 2016, ICC Sydney will be the jewel in the crown of the $3.4 billion 20 hectare redevelopment of Darling Harbour, which will also include a new 5-star hotel, a new commercial and residential neighbourhood  and additional pedestrian areas to further appeal to business travellers.
“With increased capacity for large-scale events and world-class facilities, ICC Sydney will also be a key drawcard for the 10th World Chambers Congress to be hosted by NSW Business Chamber in 2017. 
“The International Visitor Survey released today by Destination NSW shows that tourism expenditure reached a record $7.7 billion in NSW in the past year, with 3.3 million international visitors cementing Sydney’s status as the nation’s leading tourist destination.
“With almost 25% of Sydney’s international visitors being business travellers, ensuring Sydney remains a world leader in attracting and delivering major events through continued investment in tourism infrastructure will reap huge economic benefits.
“Sydney has recently been voted the world’s friendliest city by readers of Condé Nast Traveller, one of the world’s most read travel magazines. Together with our excellent reputation among international visitors, continued investment in visitor precincts like Darling Harbour and Barangaroo will ensure Sydney is well-placed to become the Asia-Pacific’s leading destination for business events,” Mrs Forsythe said.
Media contact: Patricia Forsythe 0418 165 466 or Kate Bryant 0424 186 367

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