Victoria's inaugural International Health Week opened this week to showcase the state's healthcare, health education, aged care, and medical research sectors to key international business leaders.

Under the Victoria Invitation Program (VIP), more than 70 delegates from China, India, Indonesia, Singapore, Korea, Malaysia and the USA will tour Victoria's health sector and connect with Victorian businesses and health institutions.

The VIP is designed to build ties with international governments, business leaders, buyers and investors, and facilitate relationships and trade by demonstrating world class knowledge and skills, services and technology in the Victorian health system.

The Victorian healthcare sector has a gross value added contribution to the Victorian economy of A$30 billion a year.

Victoria is leading the world in innovative health system design, training of staff, use of cutting edge medical technology and the construction of state-of-the-art new hospitals.

These skills are sought after as international neighbours seek to reform their health systems to respond to increasing demand and changing demographics.

VIP delegates will explore new opportunities for research and business partnerships and generate more trade and investment opportunities for Victoria's healthcare, medical technologies and pharmaceuticals sectors.

Victoria recently signed a partnership with China which will see a number of Victoria's key health reforms exported to China.

The wider health innovation system, which includes the medical technologies and pharmaceuticals sector, has been identified as a key growth sector by the Victorian Government.

It is supporting these sectors through a A$200 million Future Industries Fund to drive future economic growth and create new jobs.

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