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Funding to help Australian businesses succeed in the Asian Century

24 November 2017

A Government initiative designed to equip Australian businesses and organisations with the attributes they need to succeed in the Asian Century has received another $9.58 million in funding.  

Assistant Minister for Industry, Innovation and Science Craig Laundy today announced the latest injection of funds to Asialink Business which brings the total government funding for the initiative to date to over $26 million.

 “The business case for a centre of excellence in Asian capabilities has never been stronger,” Mr Laundy said.  

“Since it was established in 2013 Asialink Business has been providing Australian businesses and organisations in the public and private sector with the skills and the capabilities they need to succeed in the Asian Century.  

“This is part of the Government’s $37.4 million commitment to fund Asialink Business for a 12-year period between 2012–2024.”  

The Australian Government’s Foreign Policy White Paper, released yesterday, supports this commitment by ensuring that we maximize opportunities for Australian businesses in Asia by keeping markets open and trade and investment flowing.  

“The continued funding of Asialink Business will hold Australian businesses and organisations in good stead, equipping them with the tools, know-how and support they need to flourish in Asian markets,” Mr Laundy said.

Media contact: Minister Laundy's office 02 6277 4345