Bracks in USA on a mission. Bracks in USA on a mission.

16 June 2003 - PREMIER Steve Bracks yesterday flew to the United States to sell Victoria.

But the Opposition claimed he has failed to deliver any significant foreign investment from previous overseas trips. Mr Bracks will head a delegation of more than 100 scientists, researchers and industry leaders to the world's biggest biotechnology conference in Washington during his two-week trip.

Mr Bracks said he would also seek investment for major Victorian projects, meet water sustainability experts and visit the United Nations headquarters.

He is expected to announce a major new investment in biotechnology in Victoria at next week's Bio2003 conference in Washington.

But Opposition Leader Robert Doyle said the Premier needed to deliver the goods if he wanted continued Opposition support for his trips.

Mr Doyle cited the troubled $110 million Central City Studios at Docklands, the $157 million Synchrotron project that is yet to attract any private investment, and the failed Ericsson research centre as examples of Mr Brack's investment failures.

He said he was not aware of any project for which the Government had said it wanted to seek foreign investment.

"If you're going to attract investment you

need to be actually selling projects, and I'm not sure what it is that the Premier and the Treasurer will be selling to overseas markets,"he said.

Mr Bracks defended his travels, saying last week's announcement of a $47 million Toyota design centre to be established in Melbourne was a key outcome of his trip to Japan last year.

"It's very important that we look globally, not just locally. The investments that are made in Victoria are coming from overseas and we must engage overseas,"he said.
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Source:
https://www.heraldsun.news.com.au/
common/story_page/0,5478,6601735%255E2862,00.html

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