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Manufacturing and investment opportunities for Western Sydney

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THE forthcoming National Manufacturing Week 2006, to be held in Sydney's Darling Harbour from May 30 to June 2, is an opportunity to highlight and support manufacturing in NSW - and Western Sydney in particular.

NMW is the leading exhibition for the Australian manufacturing industry, allowing industry to promote new technologies, explore ideas and showcase innovation and new products.

In conjunction with NMW 2006, the NSW Government's Department of State and Regional Development (DSRD) and Western Sydney councils are holding Western Sydney Manufacturing Week to celebrate, support and promote manufacturing in the region.

This event, organised by DSRD in partnership with the Greater Western Sydney Economic Development Board, brings Western Sydney business leaders, local and international experts, industry groups and government representatives together to address the key issues affecting manufacturing in the region.

Over the past decade, NSW has taken advantage of new manufacturing technologies and new products to ensure the State holds its own in the face of tough global competition.

With NSW accounting for 33% of Australia's manufacturing production, it is a major contributor to Australia's economy. This sector generates sales and service income of over $100 billion in NSW and contributes more than $15 billion in wages and salaries to the state.

Manufacturing now offers excellent investment opportunities in NSW, due to the sector's diversity, size and its capacity to add value.

Technological advances and changing consumer preferences are creating new manufacturing opportunities in textiles, plastics and metal products, food and lifestyle products, and pharmaceutical and medical devices.

Strong manufacturing clusters thrive in western and southern Sydney, in Newcastle and Wollongong and other regions of the state - and Western Sydney Manufacturing Week is an ideal opportunity to promote opportunities in one of the state's most populous and fastest-growing regions.

The NSW Government, DSRD and Western Sydney councils are now working closely together to promote Western Sydney as an ideal region for manufacturing operations of all types and sizes.

The region has high quality industrial parks and commercial buildings, with plenty of potential for further development, and with ready access to high-quality road and rail links to other areas of the state, interstate and ports and airports.

A wide range of manufacturing and service industries are now based in the region, taking advantage of ready access to a well-trained and reliable workforce.

Today, NSW manufacturers operate in an outwardly oriented environment with low barriers to international trade, making this state one of the most competitive production locations in the global marketplace.

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