NSW Government unveils 8000 new Jobs as well as more roads and schools
State government’s new metropolitan strategy, released by Planning Minister Pru Goward today, include $30 million investment in roads, building high-rise schools and plan to revitalise more than two dozen Sydney suburbs.
NSW Government is helping create up to 8,000 jobs closer to home in Western Sydney by investing in roads and finalising plans to secure employment land around the second airport site, announced Minister for Planning Pru Goward.
“We’ve heard the message from people living in Western Sydney – they want to work closer to home to cut their commute and spend more time at home with their family” the Minister said.
Ms Goward said infrastructure remained a critical factor in the take-up of industrial land, with roads paving the way forward to activate employment lands like the Western Sydney Employment Area.
“This is smart planning as we work to rebuild NSW – locking in employment land and investing in the infrastructure we need to secure jobs in Western Sydney now and into the future,” Ms Goward said.
NSW Government has also finalised plans to lock in land around the site of the Commonwealth’s second Sydney airport making way for more than 57,000 jobs over the next 30 years.
“With about 40 per cent of all jobs in our west located in an industrial precinct, it’s critical we harness the potential of Western Sydney as the nation’s third largest economy by investing in infrastructure.”
In total, around 420 hectares of employment land will benefit from recently announced road projects as part of the Australian and NSW Government, jointly funded, $3.6 billion Western Sydney Infrastructure Plan which includes:
- $70 million for Werrington Arterial – Stage 1 to improve connections to and from the M4 Motorway
- $500 million to upgrade Bringelly Road between Camden Valley Way and The Northern Road
- $1.6 billion to upgrade The Northern Road between Narellan Road and the M4 Motorway
- $1.25 billion to build a new motorway between the M7 Motorway and The Northern Road; and
- As part of the Local Roads Package, which is fully funded by the Australian Government:
- $1.1 million to undertake a traffic, safety and scoping study to determine intersection upgrade requirements on The Northern Road and Erskine Park Road (improving connections to the M4)
- $5.8 million for intersection upgrades for the Cumberland Highway (between Fairfield and Cabramatta, improving local connections to the arterial road network)
- $5.7 million for an upgrade of Wetherill St
- $17.5 million for an upgrade to Eagle Vale Drive.
These projects will unlock employment land in six parts of the Western Sydney Employment Areas including:
· 183 hectares at Erskine Park
· 78 hectares at North Penrith
· 33 hectares at Wetherill Park
· 73 hectares at Smeaton Grange
· 36 hectares at Turner Road
· 18 hectares at Oran Park
Ms Goward said that this investment was in addition to the recently opened $280 million upgrade to Camden Valley Way which links the M5 and M7 motorways to the South West Growth Centre.
“We estimate these employment lands with improved infrastructure and access can accommodate over 8,000 new jobs, once fully developed,” Ms Goward said.
“Although we have more about 40 years’ worth of future employment land earmarked for our growing economy, we need to keep rolling out new infrastructure to bring these precincts online and transform them from undeveloped land, to jobs generators for our state’s future.”
Significant road infrastructure projects boost business and investor confidence in NSW with the value of industrial development approvals boosting from $510 million in 2011-12 to $650 million in 2012-13.
The NSW Government recently released its Employment Lands Development Program 2014 Update Report which monitors supply of industrial lands and business parks across Sydney.