Thursday, 26 September 2013 11:30

WSROC welcomes NSW Govt precommitment to Western Sydney

Media Release May 18, 2012

The Western Sydney Regional Organisation of Councils has welcomed the State Government’s decision to overturn its long standing policy of refusing to commit to taking office space in buildings still at the development stage.

 

“This is a major step forward in encouraging development and investment in Western Sydney,” WSROC President, Clr Alison McLaren said.

“It will provide certainty for developers, and make it easier for them to raise the funds to invest in major office developments in our regional centres.”

Clr Mclaren was responding to an announcement by NSW Treasurer Mike Baird, that the Government had rescinded its “no pre-commitment policy” which he made at a major forum to promote economic development in Parramatta and the west, entitled Re-Thinking Sydney, organised by Parramatta Council.

“The Government has a policy of encouraging businesses to relocate to Western Sydney, to Parramatta or other regional centres such as Penrith, Liverpool or Blacktown and yet, in the past they have been reluctant to commit to doing so themselves.”

“By overturning this policy of no pre-commitment, our councils and developers will be able to go ahead with making major investments in our communities, secure in the knowledge that the jobs will be forthcoming.

“And now developers will be able to secure funding and build new facilities, confident that they will have the tenants to fill them.”

“Furthermore, bringing Government offices and agencies to these regional centres will have a flow-on effect, and create twice as many jobs again in service and support sectors, like retail and small business

“They have already proved very successful in Parramatta, where the relocation of Sydney Water has been followed by major financial institutions like Deloittes.”

“With a projected shortfall in employment of more than 200,000 jobs over the next 25 years, these kinds of investments are critical to ensuring that Western Sydney gets the jobs, infrastructure and facilities it needs,” Clr Mclaren said.

 

 


Contact: Clr Alison McLaren, WSROC President on 0410 441 842

Media Inquiries Karin Bishop, Deputy CEO on 0417 239 539

Western Sydney Regional Organisation of Councils (WSROC) Ltd

Suite 2 Level 1 (PO Box 63) Blacktown 2148

© 2011 WSROC Ltd

T 02 9671 4333; F 02 9621 7741

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Last modified on Thursday, 26 September 2013 13:40

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