Over $ 1 billion pledged in downtown Bradfield

The New South Wales government has committed $ 1.15 billion to start work on Bradfield town center, supporting thousands of jobs at the gates of the new Western Sydney International Airport (Nancy-Bird Walton).

Premier Gladys Berejiklian said the funding paves the way for work on the project to begin this year, kicking off the creation of a world-class city that will support up to 17,600 highly skilled jobs.

“This is another exciting step in realizing the government’s vision for this city building project,” Ms. Berejiklian said.

“We named the new city of Aerotropolis, Bradfield, and now work is ready to begin transforming what is essentially a pen today into a thriving global city center.”

This New South Wales government commitment includes $ 975.5 million in work to establish, remediate and allow site access to approximately 100 hectares of land, leading to economic recovery from COVID- 19 not only in New South Wales, but across the country.

The funding will also help create a key Indo-Pacific economic hub, unlocking international investment in advanced manufacturing, aerospace and defense, agribusiness, pharmaceuticals, freight and logistics, healthcare and l ‘education.

NSW Treasurer Dominic Perrottet said this vital investment will lay the foundation for Bradfield’s transformation into a world-class neighborhood that will create jobs now and in the future.

“Bradfield City will be Sydney’s next crown jewel and we are laying the groundwork to create an iconic city that will open up new economic opportunities, especially for those living in western Sydney,” said Perrottet.

“The pandemic has shown us the importance of investing in our own backyard and this investment will create a neighborhood that will be home to businesses and industries that will create jobs not only today, but also in the future. “

Employment, Investment, Tourism and Western Sydney Minister Stuart Ayres said there was also funding to establish the first building in Bradfield town center and for a four-year pilot project 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 that will house $ 22.9 million of shared-use equipment enabling research institutes and it is up to the industry to collaborate, ”said Mr. Ayres.

“NETM is a new model of higher education aimed at helping advanced industries access a skilled workforce. We are spending $ 37.4 million on the program over five years to deliver over 7,000 courses to nearly 3,000 students.

The funding commitment will provide the first step of the first 22sd century, attracting globally competitive high-tech industries and creating 200,000 new jobs in Western Parkland City.

Source link

About Margie Peters

Check Also

Is quantum computing easily explained?

Quantum computing explained to most businesses can be confusing. As technology becomes mainstream, many still …

Leave a Reply

Your email address will not be published. Required fields are marked *