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Australia’s fastest-growing city, Melbourne, has again been recognised as the best city in the world to live, topping The Economist Intelligence Unit’s (EIU) Global Liveability Index for the fourth year in a row.
The ranking assesses living conditions in 140 cities across the globe by assigning a rating across five broad categories, including: stability, healthcare, culture and environment, education and infrastructure.
Melbourne scores highly in all of the EIU’s criteria and achieves perfect scores in the areas of healthcare, education and infrastructure. Ongoing investment in Melbourne’s world-class infrastructure was highlighted in the report for keeping the city at the top of the index.
Melbourne’s high ranking follows three consecutive years at the top of the index, which it achieved by taking the title from Vancouver, Canada, after a run of almost a decade.
Wayne Lewis, Commissioner to India for the State Government of Victoria said Melbourne offered an unparalleled lifestyle, underpinned by resilient economic credentials, world class infrastructure, excellent health and education systems and progressive business regulation.
“With Melbourne set to overtake Sydney as Australia’s largest city as early as 2030, the Victorian Government is investing in key infrastructure, from road and rail projects to hospitals and schools, to ensure our state remains the best possible place to live, work and do business,” said Mr Lewis.
“And we continue to work closely with Australian and international businesses to facilitate new investments that will create new jobs and build an even better, more prosperous Victoria,” added Lewis.
“Melbourne is Asia-Pacific’s leading destination for cutting-edge innovation, research, development, and high-tech manufacturing, backed by the region’s best talent ecosystem, a pioneering spirit of invention, and unparalleled government support for pro-business regulation and policies.”
“Melbourne has everything An Indian business needs to succeed in the Asia-Pacific marketplace, and that is why we are seeing more and more companies setting up shop in Melbourne as they expand globally,” added Lewis.
Over the past decade, many Indian companies have chosen Melbourne as their Australian home – including Infosys, Tata Consultancy Services, Tech Mahindra (Mahindra-Satyam), Cyient, Wipro, Mahindra Aerospace, Aegis and Cipla Pharmaceuticals.
“Melbourne has been our Asia Pacific headquarters for almost 10 years due to the ease of doing business and tremendous market opportunity it provides to support customers locally. Victorian Government’s investment in research & development and technological adaption creates very good opportunities for companies like us. Melbourne’s lifestyle provides additional reason to be based here" said Sanjay Krishnaa, Head –