“We are increasing staffing levels in Europe and increasing activities in the region as well as in Asia,” Invest Australia CEO Garry Draffin told fDi.

Mr Draffin said he expected to see “an explosion of opportunities” in Europe, including the UK, and in anticipation would be adding more staff in the agency’s European offices in FY 2006. Invest Australia is also opening an office in Guangzhou to complement the two existing Chinese offices in Beijing and Shanghai.

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Currently, the agency has offices in London, Paris and Frankfurt. In Asia, it has offices in Singapore, Tokyo and, most recently, Mumbai, in addition to those in China. There are also two US offices, in New York and San Francisco.