Industry within west Sydney may get airport boost

May 19, 2017 by  

The construction of Badgery’s Airport may drive economic sectors within the west of Sydney.

The airport is likely to cost over $5bn to build, but the federal government has said it will step up to the plate, and it has been reported that the shed sector is likely to prosper from the move, and this part of the local economy is likely to get momentum from the upcoming arrival of Amazon in the region. Printing services in Milperra could obtain more business if the economy continues to prosper.

Researcher Sass J-Baleh of Colliers International has been looking at the positive economic impact associated with investment in infrastructure. Baleh has predicted:

"Badgerys Creek Airport will be a game changer for the region, creating greater 'strategically significant' industrial land parcels in Sydney's western areas."

Land values within the western parts of Sydney have already been on the up. In the last year, sections of the region have seen the value of land jump up by a fifth. It has been suggested that this trend is set to continue for at least another year.

The managing director of AMP Capital, Luke Briscoe, has argued that the west of Sydney is emerging as a major industrial hub. For him, the prospect of an airport in the region is likely to promote industrial growth further.