Significant development opportunities
for Western Sydney, analysed and envisioned
in RDA SYDNEY’S latest report.
RDA Sydney has launched a report into potential new strategic industry developments in the Western Sydney Employment Area, the area around the new Badgerys Creek Airport and generally across Greater Western Sydney which will bring tens of thousands of new jobs to the region.
Greater Western Sydney (GWS) is one of the fastest population growth regions in Australia today and is expected to house 4 million people by 2051 out of the projected 7 million for all of Sydney by that time.
The latest report from RDA Sydney identifies and scopes, a range of economic development growth opportunities with some of the current and potential key industry players. It explores industry capabilities, research institutes and infrastructure, and highlights significant job growth potential.
“The report represents an exhaustive analysis of the current and prospective opportunities in the employment lands of Western Sydney”, says Bob Germaine, Executive Officer of RDA Sydney, “There is opportunity to plan industry development in this area that will maximize the economic impact for the local economy and the broader Australian economy”.
Based on existing and projected future supply chain activities and demand, the industries with the greatest potential for future development are analysed:
- transport and logistics
- digital industries
- advanced manufacturing and electronics
- life sciences
- pharmaceutical research and manufacturing
- building and construction materials
Dr. Rob Lang, Chair of RDA Sydney Committee, believes that the opportunity to develop key industries in the employment area and surrounds has the potential to change the economy of Western Sydney and significantly reduce the jobs deficit. “We believe there is much more to be done. A number of our policy recommendations to encourage jobs growth are outlined in detail in our latest report”.
Wherever possible, RDA Sydney has identified new potential industry innovation centres of excellence and clusters with potential for associated research/industry partnerships that can spin off into other economic opportunities. Individual innovative business collaborative taskforces are encouraged to stimulate new investment and job growth.
Regional Development Australia Sydney anticipates that the findings and recommendations from its latest report will be used by both the NSW and Australian government agencies in the future planning for the second airport at Badgerys Creek and to help develop the potential industry development strategies and policies that will be necessary for government to critical future master plan for the Western Sydney Employment Area. Access RDA Sydney’s latest report @ www.rdasydney.org.au
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For any enquiries relating to this article or to arrange an interview with Bob Germaine, please contact Bob Germaine on T 0418 969 775 or e-mail: email@example.com