SYDNEY will become warship central and be awash with foreign sailors next October for a fleet review to mark 100 years since the first entry of the Royal Australian Navy's fleet into Sydney Harbour.
Up to 10,000 invited sailors in more than 40 foreign navy ships are set to take part in the event, from October 3 to 11 next year.
The event is expected to inject $50 million into the NSW economy.
The International Fleet Review 2013 was officially launched aboard the frigate HMAS Parramatta on Sydney Harbour on Monday.
At the launch, Jean Nysen, 89, recalled her father Donald McKenzie describing how spectacular it was to enter Sydney aboard HMAS Australia in 1913, leading the fleet as tens of thousands of onlookers waved and cheered from the shore.
The event was seen as a sign of the new nation of Australia coming of age.
"It was very, very spectacular," said Ms Nysen, recalling the description of her father who was a telegraphist on the flagship.
"That must have been something very special.
Ms Nysen followed her father into the navy, becoming a wireless operator with the Women's Royal Australian Naval Service during World War II.
Next year's review will involve dozens of Australian and foreign navy vessels, 12 tall ships and thousands of naval personnel from over 20 nations.
Chief of Navy, Vice Admiral Ray Griggs, said the review would be the final part of the navy's centenary celebrations.
He said it would be an opportunity for Australians to see the navy that served them "out of sight over the horizon" and often at great cost.
Vice Admiral Griggs said the review would be held at the same time as a multi-national naval exercise off the NSW coast, Exercise Triton Centenary, which will be the largest exercise in Australian waters in 25 years.
It will also coincide with the navy's Sea Power Conference and the Pacific 2013 maritime trade show, both being held in Sydney.
The navy has budgeted about $10 million for the event with the NSW government contributing around $2 million and the City of Sydney about $1 million.
NSW Premier Barry O'Farrell said the government was happy to support the event to acknowledge the navy's contribution to the state and to Sydney.
He said the event would bring an estimated economic boost of around $50 million to NSW, making the government's contribution a "good investment".
Sydney Lord Mayor Clover Moore said the review would be "enthusiastically embraced" by Sydneysiders and be seen around the world.
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