KUALA LUMPUR (Aug 16): Melbourne is ranked the world’s most liveable city for the seventh year by Economist Intelligence Unit’s annual Liveability Index.

Since the index began in 2006, Melbourne has consistently come in the top three from the 140 cities worldwide studied in the survey.

According to the media release by Victorian Government Business Office (VGBO), Melbourne is the acknowledged cultural and sporting capital of Australia hosting major events including the Australian Open, the Formula One Australian Grand Prix and the Spring Racing Carnival.

It is also home to universities that consistently rank among the world’s best, producing the highest number of technical graduates in the country and voted as one of the world’s top five student cities.

“The state government of Victoria is continuously investing in Melbourne’s infrastructure, including road tunnels and new roads to improve transport links, new trams and trains to enhance public transport, and its world-class convention centre which is undergoing an expansion to host the ever-growing number of conventions and exhibitions the city hosts,” said VGBO.

Melbourne is growing rapidly with Australia’s highest rates of domestic and international migration. In fact, Melbourne is now Australia’s fastest-growing city and is projected to overtake Sydney as Australia’s biggest city by 2030.

“This is backed up by the announcement that Melbourne has also been awarded fDi Magazine’s Asia-Pacific Cities of the Future winner in the category of Human Capital and Lifestyle. The city also ranked in the top five in mid-sized cities for Economic Potential and in the top 10 overall for FDI Strategy in the same report,” said VGBO.

Meanwhile, Savills World Research’s Tech Cities 2017 report also included Melbourne as one of the cities across the world at the forefront of the global tech industry.

As the top-ranked “tech city” in Australia, Melbourne offers the infrastructure, business environment, talent pool and lifestyle to place it at the top of global shopping lists for tech companies looking for space in which to locate. 

SHARE
RELATED POSTS
  1. S P Setia records 71% jump in 4Q net profit, full-year sales exceed target
  2. KL ranked 94th on Global Liveability Index 2023
  3. UEM Sunrise partners with Greystar for a build-to-rent project in Melbourne