Skip to main content

ITS World Congress has a bigger than expected impact on Melbourne’s economy

The 23rd World Congress on Intelligent Transport Systems, in Melbourne, has had a bigger than expected economic impact on the local economy and is now estimated to be US$34.5 million (AU$46.6 million), nearly twice the initial projection. The increase has been attributed to the higher than anticipated attendance figures. More than 11,500 Australian and international delegates participated, 4,500 registrations more than the target figure of 7,000. The high volume of visitors had a positive impact on the loca
May 15, 2017 Read time: 2 mins
The 23rd World Congress on Intelligent Transport Systems, in Melbourne, has had a bigger than expected economic impact on the local economy and is now estimated to be US$34.5 million (AU$46.6 million), nearly twice the initial projection.


The increase has been attributed to the higher than anticipated attendance figures. More than 11,500 Australian and international delegates participated, 4,500 registrations more than the target figure of 7,000. The high volume of visitors had a positive impact on the local economy with benefits felt, in particular, across hotels, transport companies, restaurants and places of interest. The state of Victoria also benefited, with many visitors opting to make additional trips to regional Victoria and interstate.

Delivering the 6456 ITS World Congress to Melbourne was a collaborative effort, involving many partners including the Victorian Government, Melbourne Convention Bureau (MCB) and the Melbourne Convention and Exhibition Centre (MCEC).

The ITS World Congress showcased Melbourne’s multi modal transport network, taking more than 650 delegates to key air, sea, road, train, tram and freight centres. Albert Park’s internationally-recognised Formula One track was one of multiple locations for 3,500 booked live vehicle technology demonstrations. Almost 250 plenary, executive, special interest, scientific and technical sessions, 278 exhibiting partners, a hackathon and the student and public community projects were held at the MCEC.

For more information on companies in this article

Related Content

  • ITS World Congress 2017
    April 27, 2017
    ITS World Congress 2017, which takes place at the Palais des congrès in Montrèal, Quèbec, Canada, from 29 October to 2 November, aims to be the showcase for future transportation ideas and deployments. The exhibition hall will feature top industry suppliers showcasing their latest concepts, active prototypes and live system, as well as the new Smart Cities Pavilion. Visitors can see and experience the newest ITS technologies during live demonstrations on streets adjacent to the Palais des congrès in the Tec
  • Netherlands' first free-flow toll road opens
    December 13, 2024
    A24/Blankenburg connection designed to relieve congestion around Rotterdam
  • Australian road pricing, road funding needs more debate
    January 31, 2012
    Everyone in the road transport industry in Australia is talking road pricing - everyone, that is, except the politicians. Christine Keyes reports. At the end of 2008, Australia's road transport industry was wringing its collective hands, unable to raise more than $100 million from an individual bank for any Public Private Partnership (PPP). The A$750 million Peninsula Link project, announced by the Victoria Government in March 2009, was the first road project in the country to be put out to market as an ava
  • Tullamarine freeway upgrade ‘to cut airport run by up to 20 minutes’
    May 1, 2015
    A US$1 billion project, which will add 24 kilometres of extra lanes to one of Victoria’s busiest and most important roads and reduce congestion and travel time to Melbourne airport, is set to be unveiled. Minister for Roads and Road Safety, Luke Donnellan, has announced that the Victorian Government and Transurban had signed a new, robust agreement to deliver the CityLink Tullamarine Widening Project. The Australian and Victorian Governments and Transurban will jointly fund the project, which also inc