Projects funded to attract investment and diversify economy

Forty projects in green energy, mining services, primary industries, health sciences and other priority sectors across WA have received a major funding boost.

Wind farm along the WA coastline.Through the State Government’s Investment Attraction Fund, $148.4 million is dedicated towards driving economic diversification and creating jobs across targeted industries.

“We’re building on WA’s economic strengths, and embracing new and innovative industries – positioning our State at the forefront of the global energy transition,” says Premier the Hon Roger Cook.

“We’re backing local companies to manufacture here in WA, to value-add, and to take on the world in developing high-tech products for the future.”

Of the 40 projects, 11 are CCIWA Members, including:

  • Austin Engineering: $5m for the development of an advanced and automated manufacturing process for mining load and haul equipment.
  • DUG Technology (Australia): $5m to develop the Geraldton Climate-Positive High Performance Computing Campus.
  • European Foods Wholesalers: $5m towards the Blue Cow Dairy project, a value-added milk production and tourism facility.
  • MineARC Systems: $3.1m for the extension of a controlled environment product portfolio and manufacturing automations for biomedical applications.
  • Murdoch University: $763,000 to develop an Extractive Metallurgy Research and Education Centre in the Kwinana Strategic Industrial Area.
  • Nexxis Technology: $985,000 towards Project Argus for robotic autonomy in heavy industry inspections.
  • Richgro Garden Products: $4.8m for manufacturing organic waste to new high-value granulated fertiliser and wood fibre for agriculture and horticulture.
  • Rose Hotel Bunbury: $5m to develop the West End Precinct, Geraldton project.
  • Spinifex Brewery: $1.98m towards developing the Spinifex Ale House, Cable Beach, Broome project.
  • Stanley College: $5m for the creation of Schools of Nursing & Allied Health, Culinary Arts and Information and Communication Technology.
  • Terra15 Technologies: $1.47m to expand hardware production and software support for the manufacturing of infrastructure sensor platforms.

DUG Technology’s Managing Director Matt Lamont says the Geraldton Climate-Positive High Performance Computing Campus “has the potential to be transformational for the business and for WA in data processing and storage”.

Additionally, two beneficiaries are utilising the WA Investments* platform, which showcases investment-ready projects in WA to a global audience:

CCIWA’s Chief Economist Aaron Morey says, “WA Investments, together with funding support such as the Investment Attraction Fund, place WA as a prime destination to do business and invest.”

*WA Investments is a collaboration between Invest and Trade WA and CCIWA.

If you are looking for support or advice in business, investment or trade, contact our experienced International Trade and Investment Centre team at [email protected].

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