New agreements to enhance economic opportunities in the Western Parkland City

16 Oct 2018
News | Greater Sydney Commission Chief Commissioner, Lucy Turnbull AO, welcomed today’s announcement of investment agreements for the Western Sydney Aerotropolis with Japanese business giants, Mitsubishi Heavy Industries (MHI) and the Sumitomo Mitsui Financial Group (SMFG).

“The Aerotropolis will lie at the economic heart of the Western Parkland City, Australia’s first 21st Century city, bringing investment, jobs and business activity,” Ms Turnbull said.

“It builds upon the recent announcement of Australia’s first Multiversity, involving four NSW universities, enhancing the Western Parkland City’s reputation as a great place to live, learn and work,” she said.

“It is tangible evidence that Greater Sydney is being reshaped as a metropolis of three cities; each unique and connected, offering better and more equitable local access to housing, jobs and the services we need,” Ms Turnbull said.

Chief Coordinator for the Western City, Geoff Roberts, said the support of Mitsubishi Heavy Industries and the Sumitomo Mitsui Financial Group can help significantly advance the establishment of the Western Economic Corridor.

“The Western Parkland City, reinforced by the City Deal, is experiencing a unique convergence of infrastructure, investment and ambition to progress the region,” Mr Roberts said.

“To have the interest, attention and support of two of the great Japanese international business leaders is a tremendous sign of confidence in the Aerotropolis and the Western Parkland City, where the City Deal aims to create 200,000 new jobs by 2036,” Mr Roberts said.

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