Forty projects in green energy, mining services, primary industries, health sciences and other priority sectors across WA have received a major funding boost.
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:
- Austvolt: Development of a Cathode Precursor Material Manufacturing Plant.
- VXR Silica: Two high-grade, long-life silica sand projects at Muchea and Arrowsmith.
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 Services team at [email protected].