Parkes will be NSW's First Special Activation Precinct.
The NSW Government announced the establishment of Special Activation Precincts as part of its 20-Year Economic Vision for Regional NSW.
The precincts will be funded as part of the NSW Government’s $4.2 billion Snowy Hydro Legacy Fund, following the sale of the Snowy Hydro Scheme to the Commonwealth.
What is a Special Activation Precinct?
Special Activation Precincts are a new way of planning and delivering infrastructure projects in certain regional locations in NSW, to attract and grow businesses, stimulate the local economy and provide more local employment opportunities. Each location will be chosen for its unique local offering, services and competitive advantage.
Key elements include:
- faster and easier planning processes
- government-led development in some locations
- investment in infrastructure
- coordinated land-use and infrastructure planning
- business concierge services to help businesses start up in Special Activation Precinct areas, including grants and interest-free loans for eligible businesses under the Regional Investment Attraction Package.
Benefits of Special Activation Precincts
Special Activation Precincts are unique in regional NSW as they bring together planning and investment support services. This means that businesses will be able to establish and grow with certainty and confidence knowing that the right planning framework is in place.
Unique opportunity for Parkes and the Central West
The first Special Activation Precinct was announced for Parkes, taking advantage of its location, business development and employment growth opportunities associated with the east–west rail line and the north– south Inland Rail project.
The precinct will create new jobs in the freight and logistics industry, optimise opportunities in the agricultural industry and bring regional suppliers closer to their customers, allowing products from the Central West to be delivered across Australia and around the world faster.
Freight and logistics
The precinct will establish an efficient transport and logistics hub at a national scale, which will:
- take advantage of the Inland Rail project and improve freight logistics
- create faster, easier access to global markets for regional producers across the Central West
- facilitate the establishment of businesses in Parkes.
The local produce of the Parkes region is clean, green and safe; however, it could be delivered around Australia and the world more efficiently. The Parkes Special Activation Precinct provides an opportunity for Central West producers to access new markets, enterprises and connections with efficient transport networks at a national and international level.
Next steps for Parkes
The NSW Government has commenced community consultation as part of the master planning process.
This process includes undertaking technical site studies across 3,600 hectares of land, to inform the master plan for the Special Activation Precinct.
Keep an eye out for community events and activities, and ways to get involved. A draft master plan will be exhibited in mid-2019, and community input into the master plan will be integral to its preparation.