More than $10 million in new Australian contracts including investments in ICT and emerging technologies - along with a new Melbourne office for Enterprise Ireland - has been announced as part of a Trade Mission from Ireland.
Irish Minister for Business, Enterprise and Innovation Heather Humphreys - accompanied by 71 Irish companies from the fintech, medtech, high-tech construction, agritech, emerging technologies and ICT sectors - announced the deals.
“Australia is a mature and highly developed economy that offers significant opportunity for Irish exporters,” Humphreys said in announcing the deals.
“Despite the long distance to market, Australia’s open economy, significant infrastructure expenditure and strategic location at the doorstep of Asia has led many Irish companies to enter and perform strongly in the market. The size and scope of this trade mission demonstrate that now more than ever the importance of this marker.” Heather Humphreys -Irish Minister for Business, Enterprise and Innovation
Humphreys said the deals - and the opening of the Melbourne office of Enterprise Ireland - are a direct result of continued growth in export to Australia and New Zealand from Ireland to the sum of $404 million last year - an increase of 43 per cent over the past three years.
On the technology front, the deals are as follows:
- Kingspan Insulated Panels announces a $8 million capex investment for a new state-of-the-art machine that will operate at its factory in Greater Western Sydney.
-Solgari and Barhead strike a deal to bring Solgari’s Dynamics 365 All-Channel Solution to Barhead Financial Service & Retail customers in Australia. The partnership gives Solgari access to Microsoft’s global partner network and millions of potential customers.
-Emydex announces a contract with Harvey Beef, the largest meat processing company in WA, to provide its food processing software.
-Eppione announces a contract to license oits software to HR consulting firm Talenting.
-Combilift announces a contract with E Store Logistics, which is set to become the second largest user of the Combilift Aisle Master product and largest private user across A/NZ.
Humphreys said 320 Irish companies are now exporting to Australia - companies that employ over 25,000 people in Ireland.
“Our ambition is to grow client exports to $574 million by 2020. I am delighted to lead this Trade and Investment Mission to Australia and engage in an extensive program of activity which focuses on supporting Irish companies to expand exports into this significant market," Humphreys said.
Article written by Jennifer O'Brien (CIO)