The latest on Western Sydney Airport

Sydney’s proposed second airport at Badgery’s Creek Airport is expected to commence construction in 2018.  WSA Co was incorporated by the Australian government in Aug-2017, charged with the design and construction of the new airport. Let’s take a look at the most recent updates regarding this important development for tourism, trade and transport in Sydney and all of Australia.

Australia’s IFM Investments wants to operate Western Sydney Airport

Australia’s Industry Funds Management (IFM) expressed interest in operating the proposed Western Sydney Airport.

IFM CEO Brett Himbury stated: “After the construction is complete and after the traffic starts and settles, we’d be interested in that asset, should the government want to offer a long-term lease”. Mr Himbury believes the government should develop the airport instead of the private sector: “It’s sensible and it’s logical that the government looks at the broader benefits to society…more so than a private sector investor, who might be a little more focused just on the returns of the airport itself”.

NSW Government wants an aerotropolis at Western Sydney Airport, to host summit in 2018

New South Wales (NSW) Government announced plans to host a summit, Aerotropolis 2026, at Western Sydney in 2018 to gather ideas and investment from defence, tourism, manufacturing, freight and logistic industries for the proposed Western Sydney Airport.

NSW Premier Gladys Berejiklian stated: “We want Western Sydney Airport to be about much more than just building an airport – we want it to be a fully integrated economic precinct that will deliver jobs and opportunities for the people of Western Sydney and across New South Wales”. The government visited Seoul Incheon International Airport to learn from its success as an airport with aerotropolis.

WSA Co to establish offices in central Liverpool before the end of 2017

Australia Minister for Urban Infrastructure Paul Fletcher confirmed WSA Co will establish its offices in central Liverpool before the end of 2017. WSA Co’s initial priorities include recruiting senior managements and commencing procurement of an early works package of construction activities.

Australia estimates Western Sydney Airport will create over 13,000 direct and 32,500 indirects jobs

Australia’s Minister for Urban Infrastructure Paul Fletcher stated the proposed Western Sydney Airport is expected to create over 13,000 direct jobs. A total of 11,346 jobs will be needed during the construction phase, this includes around 1200 in manufacturing, around 1050 in retail, and around 2100 across professional, administrative, transport and warehousing, and financial sectors. The flow-on effect from a single direct job on the airport site is estimated to create an additional 2.5 indirect jobs down the supply chain, equivalent to 32,500 indirect jobs. Construction is scheduled to commence in 2018 and complete within eight years to 2025.

Geotechnical works underway at Western Sydney Airport site

Geotechnical work is reported underway (30-Aug-2017) at the airport site, to provide more details for the development and design of rail infrastructure for the airport.

Virgin Australia outlines priority outcomes for government freight and supply chain inquiry, WSA a priority

Virgin Australia released (Aug-2017) its submission to the Australian Government’s inquiry into national freight and supply chain priorities. The carrier’s highest priority outcome for the inquiry was to ensure no additional operational restrictions are introduced at curfew restricted airports and all other Australian airports remain unencumbered by a curfew, including Western Sydney Airport.