This is the 14th event to be secured for the new ICC Sydney, bringing a combined estimated economic impact of events held at the NSW venue to more than $128 million.
NSW Premier Mike Baird said that Sibos, the largest and most influential financial conference in the world, is bringing its 6,000 delegates to Sydney along with an estimated $50 million to the NSW economy.
“Sydney is home to Australia’s finance sector and we’re delighted to welcome the global leaders of the industry in 2018,” Mr Baird said.
“Visitors to Sydney for Sibos 2018 will meet in the new $1.1 billion world-class convention facilities at Darling Harbour and be able to explore Sydney’s thriving new financial services district at Barangaroo - both of which are currently under construction.
The International Convention Centre Sydney will be Australia’s largest convention and exhibition facility and is expected to be completed in late 2016.
Lyn Lewis-Smith, Chief Executive Officer of Business Events Sydney (BESydney) praised ICC Sydney for cementing Sydney’s future as a leading global business event destination.
“The NSW Government has made its commitment to the business event industry very clear and I’m proud to have been part of this amazing win for the city and for the new convention centre. The entire city pulled together for this bid – the local financial industry and our government and private sector partners all played a key part in the win,” Ms Lewis-Smith said.
Sibos 2014 takes place in Boston on 29 September – 2 October. Future Sibos venues include Singapore in 2015, Geneva in 2016 and Toronto in 2017.
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