Victoria's new Koreatown Precinct opens

Victoria’s newest multicultural precinct - Melbourne's Koreatown – has opened in Healeys Lane and the surrounding area - a hub of Korean restaurants and businesses, providing a slice of Korean cuisine and culture.

Koreans are one of Melbourne's top 10 diaspora, with more than 2,500 Koreans calling the city home, and 25,000 across Victoria.

Victorian Minister for Small Business and Employment Natalie Suleyman and Minister for Multicultural Affairs Ingrid Stitt attended the opening ceremony of Koreatown, including the unveiling of Jang-seung (Korean traditional totem poles), cultural performances, and Melbourne's largest bibimbap tasting event.

Koreatown will support Korean-owned businesses in this area and serve as a unique destination that strengthens Melbourne's multicultural identity.

Koreatown is just one of the many incredible multicultural precincts across Victoria - from Melbourne's historic Chinatown to Oakleigh's Greek business hub and Box Hill's diverse Asian offerings.

Multicultural businesses play a crucial role in the state’s economy - they create employment opportunities, strengthen the vibrancy of business precincts across Victoria, and build connections to diverse local communities.

Victoria is home to over 718,000 small businesses, and over a third are owned by migrants. They are vital to Victoria's economy, accounting for 42% of private sector employment.

The Victorian Government offers a range of small business support, including the Small Business Bus, Small Business Mentoring Service and workshops.

For more information about the Victorian Government's ongoing support for small businesses, visit business.vic.gov.au. 

Image. Credit: City of Melbourne