NEC Australia wins the 2017 Investment Award

06 Dec 2017

Minister Steven Ciobo MP announced NEC Australia as the winner of the 2017 Minister for Trade, Tourism and Investment’s Investment Award.

The Investment Award was introduced to the Australian Export Awards in 2016 to recognise the critical role foreign direct investment (FDI) plays in providing the capital required for Australia to grow and prosper.

NEC Australia has invested in Australia’s ICT community for over 50 years. Locally, the company employs over 1,800 people. Over the past 17 years, NEC has invested more than A$200 million into research and development. It further reinforced its commitment by opening a new Australian headquarters and innovation centre in Melbourne’s Docklands district in February 2016. NEC Australia also established an Innovation Centre in Melbourne and a A$4.8 million Global Security Intelligence Centre in Adelaide.

The Minister for Trade, Tourism and Investment’s Investment Award honours an international company or joint venture making an enduring contribution to Australia’s economy by creating or safeguarding employment, cultivating innovation or developing new industry capability in Australia, facilitating Australian industry expansion within global supply chains, and making a difference to the local community.

As part of the 2017 Australian Export Awards, five companies were nominated for the Investment Award: Alibaba Group (China), Bosch Group/The Yield (Germany), NEC Australia (Japan), Neoen (France) and Canberra Metro (China, Japan and UK).

Case studies on the nominees and their investments in Australia can be found on the Export Awards website.