Aerotropolis ready to takeoff with 10 MoUs now in place
Media release | 26 December 2018
The Western Sydney Aerotropolis is on track to create 200,000 jobs, with the NSW Government signing the 10th major agreement to attract investment to the Aerotropolis since the Investor Forum in May.
Premier Gladys Berejiklian committed to deliver 10 MoUs this year and has now delivered with the final commitment to develop a Space Industry Hub from 18 NSW space companies, research and education institutions, as well as the CSIRO – a major coup for NSW.
“The majority of Australia’s space industry is already based in NSW, but through this MoU we will work to grow the industry further,” Ms Berejiklian said.
“It means the NSW Government has agreements which represent millions of dollars of investment in NSW to create new jobs, industry and underpin the new Western Sydney Parkland City.
“I want people in Western Sydney to have access to the best jobs, education opportunities and lifestyle and that is what the Aerotropolis will deliver.”
Australian industry leaders including the Sydney Markets and Vitex Pharmaceuticals have already signed on to the Aerotropolis, joining international business giants like
Northrop Grumman, Hitachi, Mitsubishi Heavy Industries and Sumitomo Mitsui Financial Group.
Minister for Western Sydney, Stuart Ayres said the Aerotropolis will be a vibrant hub for high-skill jobs, education and major industries like advanced manufacturing, aerospace, defence and agribusiness.
“The sky is no longer the limit when it comes to jobs for Western Sydney,” Mr Ayres said.
“We are attracting crucial investments to ensure the Aerotropolis provides the best jobs and opportunities and improves quality of life for businesses, families and communities right across Western Sydney.”
The NSW Government will continue to attract jobs and investment to the Aerotropolis in 2019 by securing more deals with global and local companies.
10 Agreements signed to build the aerotropolis
- May 2017 – Global defence and aerospace company Northrop Grumman announces plans for a $50 million investment in an advanced defence electronics maintenance and sustainment centre.
- September 2018 – Vice chancellors from the University of Newcastle, University of NSW and University of Wollongong (the NUW Alliance), and Western Sydney University sign on to deliver a world class higher education institution.
- October 2018 – Mitsubishi Heavy Industries and the Sumitomo Mitsui Financial Group signed two separate agreements to promote investment opportunities in transport, logistics, healthcare, education and renewable energy as well as other commercial, residential and community developments.
- November 2018 – Sydney Markets sign on to establish a presence in the Aerotropolis to take advantage of agri-business, freight and logistics opportunities that will develop over the next decade and beyond.
- November 2018 – Hitachi throws its support behind the Aerotropolis offering its expertise in sectors ranging from energy, construction, water and railway systems to defence, digital systems and health technology.
- November 2018 – One of Australia’s leading medicine manufacturers, Vitex Pharmaceuticals, announces plans to invest an initial $10 million in a 10,000 square metre state-of-the-art pharmaceutical training and research facility which would support about 100 jobs and train up to 200 students at a time.
- November 2018 – Japan’s Urban Renaissance Agency signs on to offer its expertise to support development of the Aerotropolis and a world class urban environment for the Western Parkland City.
- December 2018 – The University of Sydney signs on for a global agricultural science hub.
- December 2018 – 18 NSW space companies and supporting organisations sign on to develop a ‘Space Industry Hub’ in Sydney that will grow space companies for later relocation to the Aerotropolis