The development of the Western Sydney Aerotropolis took a big step forward today, with the NSW Government announcing Japanese company Hitachi as the precinct’s inaugural tenant.
Western Sydney Leadership Dialogue Executive Director Adam Leto said the global corporate giant was the first of many international businesses expected to call the region home over the coming decade.
“Hitachi’s investment will pave the way for the delivery of more smart jobs for the region, and importantly, help attract other local and international businesses looking to set-up base in the Aerotropolis,” Mr Leto said.
“The Aerotropolis represents an opportunity for the world’s leading companies to be a part of one of the nation’s emerging innovation and research centres.
“Today’s announcement is a great reward for the efforts of the NSW Government and the Western City and Aerotropolis Authority, which has revolutionised investment attraction and delivered new global players to our area.”
Construction on the Hitachi’s new facility is expected to begin in late 2022.
To date, the NSW Government has signed 17 MOUs with national and international Foundation Partners in the Aerotropolis, with more commercial agreements expected to be signed over the coming months.
The $5.3 billion Western Sydney Airport is earmarked to open in 2026 with earthworks at the site commencing in early 2020.