More than 450 leaders across transport, government, property and finance were on hand to discuss how our city can better plan, fund and build the infrastructure required to support Sydney’s growth.
Hosted by the Western Sydney Leadership Dialogue in partnership with Transport for NSW, the sold-out Boomtown! Infrastructure Summit, provided guests with the opportunity to hear directly from Transport and Infrastructure Minister, Andrew Constance, who, in addition to Government experts, outlined plans for major projects such as Sydney and West Metro, Parramatta Light Rail, Western Sydney Airport, WestConnex and Western Sydney growth cities.
The morning session was also focussed on how value-sharing, whereby landowners and developers pay levies to the government to compensate tax-payers for the cost of new infrastructure, and howthe government can work with the private sector to understand how future projects could be funded, are delivered on time, and generate value-for-money outcomes.
“Minister Constance has led the public discussion on value-sharing and today’s event was an example of his willingness to engage with industry and understand how the various sectors can contribute to the growth of Sydney,” Chairman of the Western Sydney Leadership Dialogue, Christopher Brown, said.
“It was also good to have Deputy Labor Leader, Michael Daley and a raft of industry, media, and local government speakers engage in a robust debate about value capture as this is the future of infrastructure funding.
“With Western Sydney growing at a rapid rate, there’s never been a more important time to think outside the box and start building the connections, the places, the jobs and the homes, it desperately needs.”
Discussion on the Western Sydney Airport, and the opportunities for renewal and improved rail links to surrounding areas in the south and north-west, well as the WestMetro, the planned metro rail line connecting Parramatta and the Sydney CBD via Sydney Olympic Park, were some of the other issues raised.
Christopher Brown used the event to outline Dialogue concerns about delays at Badgerys Creek Airport, timidity of development planning at Sydney Olympic Park and the need for an amenity fund to help attract smart jobs to the densified cities of the west. He also committed the forum to developing an industry and community plan for Western Sydney 2056 to complement the work of the Greater Sydney Commission.