Wollongong is a dynamic and innovative city that offers outstanding investment opportunities. It is the capital of the Illawarra region, which is the third largest regional economy in New South Wales, and produces more than $16 billion in goods and services each year.
Many investors and businesses see great opportunity in our city, with close to $1 billion in major projects recently completed, underway or in the pipeline in Wollongong’s vibrant City Centre. The city is an attractive place for businesses to diversify and grow and there is a burgeoning evening economy in the city too. Renowned for its world-class manufacturing and mining industries, Wollongong is also an important knowledge services centre, international trade hub, and leading university city.
Wollongong is Australia’s most connected regional city. Our close proximity to Sydney and Canberra make it an ideal place to live, work and do business. Our international links are strengthened through the rapidly expanding port of Port Kembla. The rollout of high-speed internet across the city and a new Tier 3 Data Centre also provides us with faster and more reliable connectivity to the world.
The University of Wollongong has a strong reputation nationally and internationally as a leader in education and research. In the top 2 per cent of universities world-wide, the university is known for developing talented and skilled graduates who are innovative and enterprising. The University’s Innovation Campus precinct and iAccelerate initiative – designed to fast-track the development of high-tech businesses – are places where ideas and research become commercial reality.
Several national and multinational companies in the city benefit from a supportive business environment with access to a highly skilled, multilingual workforce and competitive business costs.
Wollongong’s natural beauty and magnificent pristine beaches attract more than 4.5 million visitors each year. The opportunities for building our assets into world class tourist attractions are being explored. Our relaxed coastal lifestyle combined with affordable housing, quick journey to work and quality public transport and infrastructure also makes Wollongong an ideal place to live.
I encourage you to take the time to come and see all of these benefits of our City. You will be rewarded with the investment opportunities.'
Lord Mayor Councillor Gordon Bradbery OAM
20 Jan 2015.