Parkes Shire Council is elated by the NSW Government's commitment of $185 million to fund enabling infrastructure for the Parkes Special Activation Precinct.
Deputy Premier and Minister for Regional NSW John Barilaro MP made the announcement today 23 July 2020 at the recently established Pacific National Parkes Intermodal Terminal.
“This $185 million investment will kick-off the delivery of the precinct and fund vital infrastructure – such as roads, sewer and water connections - which will make it easier and more attractive for businesses to set up in Parkes," Mr Barilaro said.
“This precinct is all about attracting money, economic growth and jobs to regional NSW. We know that, where there is significant government investment, it attracts private investment ten-fold. This precinct could attract up to $1 billion in private investment over the next 10 years."
"The investment is part of the NSW Government's $4.2 billion Snowy Hydro Legacy Fund that delivers infrastructure that will change the face of regional NSW for generations to come."
"It's transformational investment, that's what Special Activation Precincts are about", said Mr Barilaro.
Parkes Shire Council Councillor Alan Ward said, "In the current climate it is good to get some good news actually it is great to get some good news".
"I would like to thank the State Government and the Deputy Premier for the announced today for enabling infrastructure which will create jobs and prosperity not only for Parkes but the whole region."
"The development will allow for agriculture value adding, open up opportunities for recycling and renewables, encourage a resurgence in manufacturing and provide a competitive network in terms of transport and logistics by leveraging Inland Rail and Parkes' strategic location at the cross roads of the Nation."
"The vision for this project has been existing over 20 years, it has been handed down from Council to Council", said Cr Ward.
The 4,800-hectare precinct will focus on sustainability and will be Australia’s first United Nations Industrial Development Organisation (UNIDO) Eco Industrial Zone.
It is estimated that the Parkes Special Activation Precinct will generate 3,000 new jobs by 2030.