More than $1 billion committed to Bradfield City Centre
The NSW Government has committed $1.15 billion to kick start work on the Bradfield City Centre, supporting thousands of jobs on the doorstep of the new Western Sydney International (Nancy-Bird Walton) Airport.
Premier Gladys Berejiklian said the funding paves the way for work on the project to begin this year, starting the creation of a world class city precinct that will support up to 17,600 highly skilled jobs.
“This is another exciting step forward in realising the Government’s vision for this city-building project,” Ms Berejiklian said.
“We have named the new Aerotropolis city, Bradfield, and now work is set to begin to turn what is essentially a paddock today into a thriving global city centre.”
This commitment from the NSW Government includes $975.5 million in enabling works to establish, remediate and allow site access to about 100 hectares of land, driving the COVID-19 economic recovery not only in NSW, but across the nation.
The funding will also help to create a key Indo-Pacific economic hub, unleashing international investment in advanced manufacturing, aerospace and defence, agri-business, pharma, freight and logistics, health and education.
NSW Treasurer Dominic Perrottet said this vital investment would lay the foundations for Bradfield to be transformed into a world-class precinct that will drive jobs now and into the future.
“Bradfield City will be the next jewel in Sydney’s crown and we’re putting in the groundwork to deliver an iconic city that will unlock new economic opportunities, particularly for the people of Western Sydney,” Mr Perrottet said.
“The pandemic has shown us the importance of investing in our own backyard and this investment will create a precinct that will be home to businesses and industries that will create jobs not just today, but into the future as well.”
Minister for Jobs, Investment, Tourism and Western Sydney Stuart Ayres said there is also funding to establish the First Building in the Bradfield City Centre and for a four-year pilot of the New Education and Training Model (NETM).
“The government has committed $138.2 million for the First Building which includes a $24.9 million high-tech facility which will house $22.9 million worth of shared-use equipment for research institutions and industry to collaborate,” Mr Ayres said.
“The NETM is a new model of tertiary education aimed at helping advanced industries access skilled labour. We are dedicating $37.4 million to the program over five years to provide more than 7,000 courses for almost 3,000 students.”
The funding commitment will deliver the first stage of Australia’s first 22nd century city, attracting global competitive advanced industries and driving the creation of 200,000 new jobs across the Western Parkland City.