Investment Prospectus Greater and the Olympic Peninsula The Future Made Here Invest in GPOP - The connected, unifying heart of Greater

Greater Parramatta and the Westmead Health & Education Olympic Peninsula (GPOP) is the Precinct has grown to become economic corridor at the heart of ’s largest health services a global city. At the geographic centre. The world class expertise and demographic centre of Greater is particularly attractive for the Sydney, GPOP is strategically research and commercialisation positioned between the Sydney of health technology, particularly central business district and the in biotech, pharmaceuticals, Western Parkland City. digital health, diagnostics and medical devices. GPOP is undergoing significant infrastructure investment across The Sydney 2000 Olympics transport, education, health, sport created a hosting benchmark that and culture. Parramatta Light embraced the spirit of the games. Rail, WestConnex and Sydney Since 2000, Sydney Olympic Metro West will transform the Park has evolved into GPOP’s connectivity of the region, uniting eastern economic anchor, with a the eastern and western reaches premium mix of business, lifestyle, of Sydney. elite sports and recreation. GPOP is host to world-class Around GPOP's centre is a diverse universities and is characterised range of urban services and by a young, diverse and well- advanced-technology industries educated labour force with situated in the suburbs of twenty-first century skills. Camellia, Rydalmere, Silverwater and Auburn. This area generates Those who have invested in significant industrial, commercial GPOP have already discovered and freight traffic, with strong a dynamic, supportive and cost- economic opportunities across effective business environment manufacturing, wholesale trade with potential for growth across and logistics. a range of industries. The Parramatta CBD plays a critical Government is committed to role at the heart of GPOP, with realising the vision for GPOP to a mix of finance, professional become one of the most dynamic, services and public administration, innovative and desirable parts and a lively night-time economy. of Sydney in which to both work It offers a dynamic commercial and live. We are eager to work core and civic centre, and provides with local and global partners an economic anchor that attracts to achieve this goal. human talent and innovation.

2 Image courtesy of Greater Sydney Commission. 3 About Australia

The Australian economy has outperformed the country's peers for more than two decades. Now in its 28th year of consecutive growth, Australia's economic resilience and strength are unsurpassed among major advanced economies. The nation offers a smart, multicultural workforce with an enterprising mindset and the skills to drive innovation and grow international business. Australia prides itself on stable institutions and good governance, making it one of the safest places in the world to do business. It boasts a globally integrated economy that plays a key role in shaping Asia's dynamic economic future. There is no better business partner than Australia.

Australia

New South Wales (NSW) Sydney

28 years of 2.3% economic growth, 5th largest economy uninterrupted one of the highest in the Asia–Pacific region economic growth industrial economic growth rates for developed countries globally

14th largest economy Ranked No. 1 smartest AAA credit rating in the world country in the Asia Higher in credit quality Pacific and th4 smartest than the US, UK, France, country in the world Japan, Hong Kong, Republic of Korea and New Zealand

Front cover image courtesy of Greater Sydney Commission. 4 About Sydney and New South Wales

New South Wales (NSW), with Lismore New England and its iconic capital city of Sydney, North West North Coast is Australia’s most populous Armidale state and largest economy. Far West Tamworth A cosmopolitan and regional Central West Port Macquarie and Orana powerhouse, the state seamlessly Broken Hill Hunter blends business strength, access Dubbo Newcastle to Asia, and one of the world’s Central Coast most enviable lifestyles. Boasting Sydney Gosford a AAA credit rating, NSW is Greater Sydney experiencing Australia’s largest Riverina Murray Wollongong infrastructure boom and is home Wagga Wagga Illawarra-Shoalhaven Canberra to a highly skilled, innovative and (ACT) South East and Tablelands creative workforce.

Eden

NSW is Australia’s leading source of highly skilled and diverse talent

ABOUT NSW: Sydney is No. 1 in the NSW is home to three Asia Pacific and No. 3 of Australia’s top globally for top 100 five highest-ranked Capital city: Sydney ranked universities research universities

NSW 8.0 million population: NSW is Australia’s most innovative state with a strong culture of Sydney 5.2 million entrepreneurship population: Sydney is the 2nd NSW is the startup NSW time highest-ranked city capital of Australia, GMT +10:00 zone: in the Asia–Pacific home to more than region for innovation 40% of all startups Sub-tropical and Climate: Mediterranean

Sydney summer NSW is Australia’s most secure and liveable place to do business temperature 18–27 °C average: Sydney is the NSW is set to deliver on highest-ranked the biggest infrastructure Sydney winter capital city in program in Australian temperature 7–18 °C Australia for history, with a A$87.2 billion average: quality of life pipeline of projects

Coastline: 2,007 kms

NSW is Australia’s largest market Official English language: NSW is home to The state is Australia’s 8.0 million people, largest economy: Australian Currency: more than Singapore A$600 billion, larger dollars (AUD) and Hong Kong than Malaysia, Singapore and Hong Kong Major international Sydney Airport airport:

5 The vision for Greater Sydney

Sydney is Australia’s iconic global city. The Greater Sydney region is an economic powerhouse of five million people. It is endowed with natural beauty stretching from Sydney Harbour to the Blue Mountains. Greater Sydney’s people have embraced this place for its opportunities and its potential. Its continued success is vital to driving forward the New South Wales (NSW) and Australian economies.

The NSW Government’s vision for Greater Sydney is to transform it into a metropolis of three connected cities—the Western Parkland City, the Central River City and the Eastern Harbour City. In each city residents will live within 30 minutes of their jobs, education and health facilities, and have easy access to services and quality public spaces. The vision for Sydney will build on its social, economic and environmental assets to improve the quality of life for all its residents and to uphold its status as one of the top cities of the world.

Western Parkland City Central River City Eastern Harbour City

6 Transforming Greater Parramatta and the Olympic Peninsula

Parramatta, a city in its own right, Billions of dollars of public and GPOP is the ideal location to start sits near the geographic centre of private investment is being and grow a business and offers a the Greater Sydney area and forms delivered in GPOP, and the area unique opportunity to invest in a second central business district will form a physical bridge between the future. (CBD) in the western suburbs all parts of Greater Sydney. The thriving economy and of Sydney. Investment in the area will help priority investment by the NSW deliver a unified, coherent and Olympic Park, home to the 2000 Government in transport and social integrated city. Olympic Games, lies a short infrastructure will cement the distance east of Parramatta GPOP can realise its potential reputation of GPOP as the heart on a peninsula jutting into the over the next 20 years and of Sydney, and you can be part of that runs into beyond to be: this exciting transformation. We Sydney Harbour. Together they encourage innovators to find a new • a central city close to form the bookends of an area home in GPOP, and look forward to Sydney’s heart known as Greater Parramatta and welcoming you. the Olympic Peninsula (GPOP). • a link forging a unified Greater Sydney Under the NSW Government’s vision for the Sydney metropolis, • an economic corridor within GPOP will be transformed into an reach of skilled workers economic corridor that drives the • an attractive place to invest formation of the Central River City, • a place of celebrated which will be at the centre of the natural beauty. ‘three cities’ model. The formation of the Central River City will bring together stakeholders in industry, health, education, arts and heritage. GPOP is situated close to Greater Sydney’s population growth hot spots and strategically positioned between the Sydney central business district and the new Western Parkland City, which is built around the economic anchor of the new Western Sydney Airport.

Image courtesy of Greater Sydney Commission. 7 About Greater Parramatta and the Olympic Peninsula

GPOP covers 60 square kilometres in the middle of Greater Sydney. The economic corridor spans 13 kilometres east to west, from Strathfield to Westmead, and seven kilometres north to south, from Carlingford to Lidcombe and Granville. GPOP is the geographic and demographic centre of Greater Sydney. The Parramatta River flows east through the area and the will form the spine of GPOP.

8 Key precincts within the GPOP economic corridor

GPOP consists of four key economic hubs with dedicated industry, research and development, and workforce capabilities: • world-class health, education and research institutions at the Westmead health precinct • a thriving finance, business services and administration centre in the Parramatta CBD • a diverse range of urban services and advanced technology industries in Camellia, Rydalmere, Silverwater and Auburn • an elite sports, lifestyle, commercial and residential community at . GPOP also includes the ‘next- generation living’, north–south urban corridor, which provides modern housing, revitalised community facilities and high- quality leisure assets.

9 GPOP industry breakdown

25%

20%

15%

10%

5%

0%

Mining

Retail trade Construction Manufacturing Other services Wholesale trade

Education and training

Arts and recreation services

Agriculture, forestry and fishing Financial and insurance services Public administrationHealth and safety care and social assistance Transport,Accommodation postal and warehousing and food services Administrative and support services Rental, hiring and real estate services Electricity, gas, water and waste services Information media and telecommunications Professional, scientific and technical services

GPOP Sydney CBD Greater Sydney

Source: Census of Population and Housing, 2016, TableBuilder Pro. Data extracted on 25 January 2018.

The dominant industries and prime opportunities for investment in the GPOP economic corridor are health care, financial services and retail trade. There is also significant opportunities for businesses in manufacturing, construction and professional services. For businesses, GPOP is an attractive place to operate due to the lower cost of doing business compared with the Sydney CBD. GPOP has lower business council rates, and office rental costs in Parramatta and Olympic Park are almost 50% lower than in the CBD.

10 Office rental—2018

$1,000

$800 per year) 2 $600

$400

$200 Net face rent ($/m rent Net face $0 Parramatta Olympic Park Sydney CBD

Source: Colliers International.

Average annual business council rates 2016–17

$12,000

$10,000

$8,000

$6,000

$4,000 Business Rate 2016/17 Rate Business $2,000

$0 Sydney City Council Greater Sydney GPOP

Source: Office of Local Government.

11 Universities and research institutes

GPOP is host to world–class GPOP is also host to an Westmead’s research institutes universities and research institutes, impressive list of renowned and and clinical facilities play an allowing the private sector to respected institutes including: integral role in education. In 2016, collaborate with a full range Westmead’s research institutes, • Westmead Institute for of talent across fields such as in partnership with Westmead’s Medical Research medical research, sports science hospitals, trained over 200 and engineering. • Children’s Medical doctorate students, and a further Research Institute 100 postgraduate students. The GPOP is home to more than • Kids Research Institute University of Sydney alone trains 33,000 students who attend three over 300 doctorate students • Institute for Clinical Pathology universities across five campuses: and 700 students in medical, and Medical Research • Western Sydney University nursing, dental and allied health (WSU) at Westmead, • WSU Centre for Western Sydney professions at Westmead. Parramatta and Rydalmere • WSU Centre for Research The University of Sydney in Mathematics • University of Sydney, Westmead has partnered with the NSW • University of New England • WSU Institute for Culture Government to establish a (UNE), Parramatta. and Society second campus as part of a leading international health, • WSU Australia–China Institute education and research precinct for Arts and Culture in Western Sydney. • WSU NICM Health Research Institute Bringing the top-tier university to the heart of Western Sydney • Whitlam Institute within WSU’s would attract more than Rydalmere campus 25,000 students and further • NSW Institute of Sport drive the governments vision • a recently announced joint for a world-leading health and venture between WSU and education precinct. UNSW to develop a world-class engineering innovation hub.

12 Image courtesy of Westmead Research Hub. The NSW Government announced Number of patents granted to GPOP residents and businesses it will work with The University from 1970s to 2010–17 of Sydney after a three-month market sounding process.

The growth and development of 500 the GPOP innovation ecosystem is reflected in the number of 400 patents granted to residents and businesses in the area. Over 100 300 patents were granted in 2017 in areas such as medical research 200 and advanced manufacturing. 100 With ready access to talent, the universities and institutes in 0 1970s 1980s 1990s 2000s 2010–17 GPOP present an outstanding opportunity for investors and Source: IP Australia. businesses to tap into a rich collaborative innovation ecosystem.

Source: www.ugdc.nsw.gov.au/news/latest- news/world-class-westmead-health-and- Number of patents granted to GPOP residents and businesses education-precinct-comes-to-life from 2014 to 2017

120

100

80

60

40

20

0 2014 2015 2016 2017

Source: IP Australia.

13 GPOP—the dream demographic

GPOP provides employment for over 120,000 workers, predominantly in health care, professional services and financial services. Compared to Sydney CBD, GPOP has a higher proportion of skilled technicians, tradespeople and machinery operators, reflective of its comparative strength in manufacturing and construction industries.

Job type breakdown

40% 35% 30% 25% 20% 15% 10% 5% 0% Managers Professionals Technicians Community Clerical and Sales Machinery Labourers and trades and personal administrative workers operators workers service workers workers and drivers

GPOP Sydney CBD Greater Sydney

Source: Census of Population and Housing, 2016, TableBuilder Pro. Data extracted on 25 January 2018.

GPOP has a young, diverse and educated labour force with twenty-first century skills. Cultural diversity is one of GPOP’s true strengths—63% of residents were born overseas and 70% of residents speak a second language. Overseas-born residents have mostly come from India, China, South Korea, the United Kingdom and Hong Kong.

14 Image courtesy of Greater Sydney Commission. Population pyramid matrix on age Young Male % Female % One in four residents in GPOP 100 + are aged between 25 and 34 and 90–94 the area has a high working-age 80–84 population, with over half aged 70–74 between 20 and 49 years old. 60–64

50–54 Years 40–44

30–34

20–24

10–14

0–4

25 20 15 10 5 0 5 10 15 20 25 GPOP Sydney CBD Greater Sydney

Source: Census of Population and Housing, 2016, TableBuilder Pro. Data extracted on 25 January 2018.

Education level breakdown Educated 40% Over 40% of residents in GPOP have a bachelor’s or 35% postgraduate degree. 30%

25%

20%

15%

10%

5%

0%

Bachelor

and II level and IV level Certificate I degree level degree level 9 and below Certificate III Postgraduate 10 and above

and diploma level Graduate diploma Advanced diploma

Secondary education—years Secondary education—years and graduate certificate level

GPOP Sydney inner city Greater Sydney

Source: Census of Population and Housing, 2016, TableBuilder Pro. Data extracted on 25 January 2018.

15 Image courtesy of University of Technology, Sydney. Second languages Diverse 80% 70% of GPOP residents speak a second language. 70%

60%

50%

40%

30%

20%

10%

0% GPOP Sydney CBD Greater Sydney

Only speaks English Speaks a second language

Source: Census of Population and Housing, 2016, TableBuilder Pro. Data extracted on 25 January 2018.

Languages other than English spoken in GPOP

0% 2% 4% 6% 8% 10%

Mandarin

Arabic

Cantonese

Korean

Hindi

Tamil

Gujarati

Nepali

Telugu

Punjabi

Source: Census of Population and Housing, 2016, TableBuilder Pro. Data extracted on 25 January 2018.

16 As GPOP evolves into a Weekly residential rental prices (12 months to Feb 2019) burgeoning central city, there is an emerging educated and $1,000 aspirational labour force. This group typically has: $800

• diverse language skills and $600 cultural competencies • global connections and an $400 entrepreneurial spirit $200 • high levels of qualification in the IT, engineering, $0 GPOP Sydney CBD Greater Sydney mathematics and medical sectors House Units • strong community and family links in the GPOP area Residential sales prices (12 months to Feb 2019) • a desire to establish their lives in the centre of our city. $1,200,000 Property prices and rents in GPOP $1,000,000 are lower compared to the rest of $800,000 Sydney, improving liveability for residents and enhancing access $600,000 to a diverse labour market willing $400,000 to move into the area for work and attracted by the lower cost $200,000 of living. $0 GPOP Sydney CBD Greater Sydney

House Units

Source: Realestate.com.au

17 Infrastructure, connectivity and amenity

The level of recent transport and WestConnex—connecting Sydney Metro West—mass social infrastructure investment GPOP to international transit connecting GPOP and in the GPOP economic corridor gateways Sydney CBD presents a major city-shaping WestConnex, Australia's largest In November 2016, the NSW opportunity to unite the eastern and transport infrastructure project, Government announced the western areas of Sydney. provides a vital road link to Sydney Metro West project— A major upgrade to Western Sydney Sydney’s major international the city’s next underground Stadium and a new WSU campus gateways at Sydney Airport and metro railway. Connecting the at Parramatta Square have recently Port Botany. WestConnex is part Parramatta and Sydney CBDs, this been opened. of an integrated transport plan once-in-a-century infrastructure Other projects underway include: to keep Sydney moving—easing investment will transform Sydney congestion, creating jobs and for generations to come. It will • Old King’s School Primary connecting communities. The double rail capacity between the School and Arthur Phillip new motorway will provide crucial two areas, link new communities High School support for Sydney’s long-term to rail services and unlock • revitalisation of the economic growth. housing supply and employment Parramatta River through the growth between the two CBDs. Parramatta CBD Parramatta Light Rail—the Scheduled to be operational in the second half of the 2020s, key • Museum of Applied Arts GPOP link precincts to be serviced include: and Sciences A new Parramatta Light Rail is • Westmead—which is becoming • Westmead Hospital upgrade under construction to better connect new infrastructure— one of the largest health, • WSU Westmead public and private—in the GPOP education, research and training redevelopment area. GPOP will benefit from the precincts in Australia • ANZ Stadium redevelopment. light rail’s high–frequency ‘turn • Parramatta—where the up and go’ schedule servicing number of jobs is expected to residential, employment, cultural double over the next 20 years and education destinations. to 100,000 The system will provide easy • Sydney Olympic Park—where connections to the wider rail, bus, 34,000 jobs and more than and ferry networks and active 23,000 residents will be located transport links, enabling travel by 2030 beyond GPOP. Major renewal areas connected by light rail • the Bays Precinct—where include Westmead, Parramatta 950,000 square metres of land North, Parramatta CBD, Camellia, is being regenerated Rydalmere and Telopea. • the Sydney CBD—allowing easy access to the existing public transport network and Sydney Metro.

18 Image courtesy of Parramatta Light Rail. 19 Urban living Greener and healthier communities The wider GPOP includes the ‘next-generation living’ north– As GPOP faces future growth, south urban corridor, which there is both an opportunity provides modern housing, and a demand to create a green, revitalised community facilities active and walkable city. and high-quality leisure assets. Parramatta Ways is a local A twenty-first century living, initiative to improve walkability learning and leisure district is across Parramatta. It will feed planned for the northern area of into the 'Sydney Green Grid'—a GPOP. It will comprise a mix of network of high-quality green medium- to high-density housing spaces that connect town centres, types with nearby education, public transport hubs, and major research, retail, recreation residential areas. and entertainment facilities to Adding to this, the NSW provide all the conveniences of Government’s Five Million Trees ‘inner-city’ living. initiative seeks to plant five million The ‘turn up and go’ Parramatta trees in Sydney by 2030 and grow Light Rail will connect existing the city's tree canopy from 16.8% and future communities in to 40%. Carlingford, Telopea, Dundas, More tree canopy means healthier Rydalmere and Camellia to neighbourhoods, more shade, Westmead, Parramatta CBD, cooler suburbs, habitats for Silverwater and Olympic Park. wildlife and even an increase in The transformation of this area property values. into an urban hub will drive the development of smart, vibrant and inclusive communities.

20 Image courtesy of Greater Sydney Commission. 21 A vibrant lifestyle and exciting experiences

The Greater Parramatta and the Olympic Peninsula is a much sought after place to live and a flourishing destination for lovers of food, culture, nature, and leisure.

A city of diversity Parramatta’s night time economy Leisure and recreation is the second largest night time Parramatta and the greater Parramatta boasts vast open economy by turnover in Greater region is proudly multicultural, spaces of nature, landscaped Sydney, and offers a diverse welcoming and celebrating parks and sports fields for range of experiences, from dining people from all over the world workers, residents and visitors to along the popular al fresco strip who choose to live, work, and enjoy year round. on Church Street, otherwise visit the city. Its rich and unique known as 'Eat Street', to drinks at The UNESCO World Heritage history has been shaped by the a resident bar, or night markets to listed Parramatta Park, the many cultures who connect purchase local goods. pristine Reserve, here, from the Burramattagal and the city’s river foreshore people who have called the area along with Sydney’s Olympic home for over 60,000 years Culture and events Park provide areas of respite, to the newly arrived migrants Parramatta and the region has and ample cycling and walking who contribute to the city’s established itself as a highly- tracks linking to Parramatta CBD dynamic future. coveted destination with a year and beyond. round calendar of festivals and Bankwest Stadium is one of Restaurants, cafes and bars events, theatre and cultural Australia’s most advanced pursuits. Flagships festivals Long regarded as a dining hot sporting venues, showcasing like Parramatta Lanes, Lunar spot, Parramatta’s food and world class sport and New Year and Sydney Festival drink offering continues to thrive. entertainment right on the city’s celebrate culture and bring food, New restaurants, cafes and small doorstep, and features public music and art to the city’s streets. bars are emerging throughout basketball courts and exercise the city’s streets, riverfront and The new Powerhouse Precinct facilities for a lunch time or after laneways offering everything on Parramatta’s riverfront will work recreation. from street food to high-end boast the largest museum in NSW Find out more at: dining experiences, providing projected to open in 2023, while www.discoverparramatta.com an abundance of choice for city a redeveloped Riverside Theatres workers, residents and visitors. will showcase the best of local, regional and international shows. is committed to nurturing and celebrating local culture and identity.

22 Image courtesy of Parramatta City Council. 23 Case study: Westmead Research Hub

The Westmead Research The Westmead Research Hub renowned university to Hub undertakes projects that allows researchers to work with tackle many of the most encourage collaboration, the private sector, and attracts common diseases affecting sharing both physical resources researchers from outside the our community,’ said a and the brain power of its precinct looking to use the Westmead Research Hub members. The goal of the hub world-class core facilities executive. ‘The results of our is to grow Westmead as a world for cell imaging, electron research can rapidly affect the leader in health and medical microscopy, flow cytometry, way we treat our patients and research by exercising strength genomics and proteomics. lead to better health outcomes.’ in numbers. ‘The Westmead Research Hub The hub focuses on basic, combines the resources of translational and clinical two world-leading research research in major disease areas institutes, two of the largest such as cancer; mental health hospitals in the southern and neurosciences; obesity and hemisphere, the largest heart; liver; musculoskeletal; pathology laboratory in infectious diseases; and kidney. NSW and an internationally

24 Westmead research statistics

46% growth in staff numbers since 2014–18

250% growth predicted over next 10 years

1300+ research staff and students

$27M+ in shared research equipment

979 current clinical trials

Partners

Image courtesy of Westmead Research Hub. Image of Westmead Hospital is an artist impression. 25 Olympic Park

Key strengths Why you should invest With more than 10 million visitors Sydney Olympic Park is GPOP’s each year, the world-class eastern economic anchor, with a sporting and leisure facilities well-established business centre at Sydney Olympic Park are that includes corporate clients one of Greater Sydney’s most such as NRMA, Lion Group significant attractions. and Samsung. Sydney Olympic Park has a rich The Sydney Sports Incubator and dynamic history. The 6.4 is a NSW Government- square kilometres of land has been sponsored program to transformed from an industrial encourage the development wasteland into a vibrant specialist and commercialisation of economic centre, integrating venues sports-focused innovation from and parklands to create a new, startups and existing companies, sustainable community for workers, particularly in the area of residents and visitors. sports science. Since 2000, Sydney Olympic Park Hotel operators take advantage has evolved as a mixed-use precinct, of corporate travel and inbound now home to 2,100 residents and tourism. The precinct tops 18,000 workers, and acts as the the lists of a variety of hotel central hub to the residents of the operators looking to capitalise Olympic Peninsula. Strategically on the ‘Sydney Olympics brand’ positioned at the demographic to host major sporting and heart of Sydney, Sydney Olympic corporate events. Park undergoes intense planning With significant investment scrutiny through its Master Plan in connectivity and transport 2030, a blueprint for sustainable infrastructure on the horizon, development. The masterplan Sydney Olympic Park and the enshrines the park's Olympic Olympic Peninsula is poised to legacy and ensures competitive capitalise on the growing Western development outcomes. Sydney economy with a premium Development activity in recent years mix of business, lifestyle, elite has focused on residential supply, sports and recreation. catering to a growing population with an attractive location for Sydney’s renters and home buyers. The GPOP resident profile has begun to change as the area attracts young, skilled professionals and their families looking for more affordable homes within reach of employment and civic centres.

26 Case study: Samsung Electronics Australia

As one of the world’s largest Olympic Park by upgrading to and most recognised brands, a new facility for its hundreds Samsung Electronics supplies of employees based in Sydney. millions of people around The site acts as a hub for the world with mobile and its frequent interstate and consumer technology products. international visitors and colleagues. The office at The company is driven by Murray Rose Avenue provides an ambition to inspire, and a premium site that is well to shape the future with suited to the role of national transformative ideas and headquarters, supporting the technologies that give people company’s business objectives the power to discover new and culture of innovation experiences. Its vision is to and collaboration. help create a better world through innovative technology Centrally located to key and products. public transport routes, cafes, restaurants, hotels and Samsung sets a high value on events facilities within the its people, remaining committed surrounding precinct, the to ensuring that their teams are Sydney Olympic Park office situated within an environment location and environment that provides what is required also allows for access to the to reach their potential. area, For many years, Sydney Olympic which is home to many of the Park has been home to Samsung company’s employees. Electronics Australia’s national As an organisation, Samsung headquarters, coordinating much is committed to improving of the nationwide operations the global community and for sales and marketing, delivering groundbreaking logistics and service, solutions innovations that enhance and engineering. people’s everyday lives. In 2016, Samsung Electronics Australia strengthened the Source: www.samsung.com/au company’s position in Sydney

Image courtesy of Samsung Electronics Australia. 27 Rydalmere, Camellia, Silverwater and Auburn—essential urban services, advanced technology and knowledge sectors

Key strengths Why you should invest GPOP’s centre is a major hub of The WestConnex project, urban services and employment Australia's largest transport spanning across the suburbs of infrastructure undertaking, will Rydalmere, Camellia, Silverwater provide a vital road link from and Auburn. This area’s unique this central economic corridor position in the centre of Greater to Sydney’s major international Sydney offers businesses great gateways at Sydney Airport and access to markets and customers. Port Botany. The potential for businesses The area generates significant to prosper and grow makes industrial, commercial and GPOP’s urban services hub a true freight traffic with strong economic asset. economic opportunities across The vision for the area is to manufacturing, wholesale trade maintain the central employment, and transport sectors. industrial and urban services Dig deeper and you’ll see area, intensify employment uses evidence of the richness of and connect with the twenty- entrepreneurship, the variety first century global economy by of enterprise and the thriving leveraging proximity to world- business network that has built up class universities and nearby in this area over decades. civic centres in Parramatta and Olympic Park. The combination of commercial and industrial expertise, improved The skills to do this will come transport connectivity and from institutions such as Western access to local universities for Sydney University’s Rydalmere collaboration and innovation campus, with its Centre for presents an excellent opportunity Research in Mathematics, or the for companies with advanced University of New England at manufacturing and logistics Parramatta, which retains roots in capabilities to prosper from the the agricultural sciences. growth of Western Sydney and the new Western Sydney Airport.

28 Case study: Thales Australia

Thales Australia is part Australia’s strategic priority of a leading international to enhance its submarine electronics and systems capability will be supported by group serving the defence, Thales through major upgrades aerospace, space, security and of the sonar systems on all six transport markets in Australia Collins class submarines. This and throughout the world. work is key to extending the life and regional superiority of Thales’ global centre of the Collins fleet and continues excellence for underwater a 30-year history of support systems at Rydalmere is one for the Collins program since of the Australian Defence the original transfer of sonar Force’s most trusted partners, technology from France in providing solutions to our the 1980s. Navy for more than 30 years. Leading in research and Thales’ products and development, the centre services include: designs, manufactures, supplies • sonar systems for submarines and supports a wide range of and surface ships military products relating to underwater acoustics. It comes • torpedo defence systems up with innovative solutions for submarines and and provides world-class surface ships systems that give the edge to • sonobuoys and sonobuoy our armed forces and those of processing partner countries. • environmental The Rydalmere facility employs prediction systems more than 500 people and is • torpedo homing heads and anticipated to secure more than guidance control systems 50 years of Australian defence work. The facility is achieving • ILS and training systems remarkable success exporting • piezoceramic design and its world-leading underwater manufacture. acoustic technologies and products. It has exported over Source: www.thalesgroup.com/en/countries/ $400 million worth of defence asia-pacific/australia products to 11 allies and partner countries in the past decade.

Image courtesy of Thales Australia. 29 30 How we can help

The New South Wales We can provide: Government is committed to • market intelligence and investment opportunities realising its vision for GPOP and is eager to work with local • support for business case development and global partners to achieve • identification of suitable investment locations this goal. There are a number of and partners in NSW ways we can support and assist • facilitation of familiarisation visits to NSW partners looking to establish, innovate and grow. • advice on NSW government programs and approval processes Our dedicated Investment • connections with government contacts and the Concierge team works with local business network. experts across all levels of government (local, state and federal) and business networks to provide customised information for businesses. This service is free and confidential.

You may also be eligible for a range of incentives. Get in touch with our Investment Concierge to find out more.

Contact us

To find out more about the opportunities in GPOP and to get involved, contact us now:

New South Wales Investment Concierge: T: +61 2 8222 4888 E: [email protected]

We also have New South Wales investment teams in China, India, Indonesia, Malaysia, Japan, Korea, Singapore, United Arab Emirates, United Kingdom and the United States of America.

Find contact details at: www.invest.nsw.gov.au/contact-us/international

31 The Future Made Here

T: +61 2 8222 4888 W: invest.nsw.gov.au

© State of New South Wales through Treasury 2019.

The information contained in this publication is based on knowledge and understanding at the time of writing (October 2019). However, because of advances in knowledge, users are reminded of the need to ensure that the information upon which they rely is up to date and to check the currency of the information with the appropriate officer of the Industry, Trade and Investment Team of NSW Government or the user’s independent adviser.

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