Investor Interest in Aerotropolis Continues to Fly High

Business confidence in the Western Sydney Aerotropolis is soaring, with today’s announcement of two new major international corporations signing agreements to make future investment in the precinct.

Chairman of the Western Sydney Leadership Dialogue, Christopher Brown AM, said the decision by Mitsubishi Heavy Industries (MHI) and Sumitomo Mitsui Financial Group (SMFG), two of Japan’s biggest multinationals to commit to the region, was further proof that the Aereotropolis is starting to take off.

“There is little doubt that the private sector, both nationally and internationally, is queuing up to be involved in this project, the scale of which we’ve not seen in Western Sydney,” Mr Brown said.

“This would not have been possible without the collaboration between Federal and State Government, lead by the Greater Sydney Commission’s Geoff Roberts. Through their co-ordinated efforts, they’ve not only helped set the vision, but importantly, attract interest and investment in Western Sydney.”

The agreements by MHI and SMFG follow last month’s announcement for a mega university campus within the Aerotropolis, featuring Western Sydney University, UNSW Sydney, University of Wollongong and University of Newcastle.

Defence Industry giants, the United States-based Northrup Gruman, have also committed to $50 million investment in an advanced defence electronics maintenance and sustainment centre, within the site.

“When you combine all of these investments, with the work currently underway at Sydney Science Park and other nearby areas, and a clearer picture of the employment, education and innovation opportunities that exist within the Aerotropolis starts to emerge.”

For media information
Adam Leto — Director
Western Sydney Leadership Dialogue adam@westernsydney.org.au
0419 019 637