The Sydney Business Chamber, Western Sydney says centring future economic development around the Badgerys Creek airport will help maximise investment and boost the economic capacity of the region but coordination remains key.
David Borger, Director of the Sydney Business Chamber, Western Sydney, said, “The Chamber welcomes the NSW Premier’s consideration of creating a free economic zone around the new Western Sydney Airport to encourage global corporations to move into the aerotropolis.
“The Chamber has long called for an aerotropolis at Badgerys Creek recognising the huge economic benefits and the national and international investment it will attract.
“In 2015, the Chamber commissioned a report
by world renowned aviation academic and creator of the aerotropolis concept John Kasarda, on how to best leverage the airport to drive economic activity to the region.
“It’s fantastic to see the Premier supporting this concept and talking up the need for new transport connections for the airport.
“This support is building confidence with major global corporations, like Northrop Grumman, who are looking to invest long term in the new Western Sydney Airport,” Mr Borger said.
“This is not just about building an airport; it is about constructing an independent and vibrant regional economy driven by knowledge jobs and it is good to see support from both the Federal and State governments for an airport summit.
“This idea of a free economic zone around the airport to help increase the level of investment in the region is worth exploring but it is critical that support for this investment is properly coordinated.
“The Chamber has consistently called for an independent Western Sydney Airport Authority to cut through the three tiers of government to ensure a coordinated approach to delivering an aerotropolis,” he said.
The Chamber, with support from the Federal and State governments, will hold a major forum on the Western Sydney Airport in November with global airport leaders and experts.