Westmead will become Western Sydney’s economic powerhouse with a cluster of up to 50,000 knowledge jobs by 2036, according to a report: Westmead Innovation District, Building Western Sydney’s jobs engine, commissioned by the Westmead Alliance*.
Minister Rob Stokes launched the Westmead Economic Study at a Sydney Business Chamber lunch on Tuesday, 19th of July, 2016.
The study highlights Westmead’s unique features of the precinct and the opportunities for investment from health technology, allied health and innovation businesses, which are interested in linking with the precinct’s research, education and health developments.
The report highlights that Westmead is about to become much larger. More than $3.4 billion has been committed by government, universities and the private sector to upgrade and expand the precinct’s health services, education and medical research facilities over the next few years.
"We are keen to engage with business and the services sector to attract investment to Westmead for the delivery of excellent health services in a highly liveable urban environment,” said Danny O’Connor, Chief Executive Western Sydney Local Health District.
Doctor Michael Brydon, Chief Executive Officer Sydney Children’s Hospital Network noted, "The innovative plans we are making today at Westmead will have a profound impact on paediatric clinical care, research and education on a global scale."
“At Westmead businesses have the opportunity to work alongside some of the World’s pre-eminent scientists and clinicians with the most advanced research equipment available,” said Professor Tony Cunningham, The Westmead Institute for Medical Research.
To read more and to download a copy of the report go to investwestmead.sydney.
To view photos from the day head to our gallery.