CLOSE proximity to South East Asia markets and existing trade routes, combined with minerals processing potential, provides the Pilbara with enormous opportunities for enhanced development and increased trade.
The rapid increase in demand for steel in the South East Asian region and Pilbara’s access to abundant supplies of competitively priced gas provide investment opportunities for processing of iron ore and other minerals in the region.
High evaporation rates make the region the ideal location for the production of solar salt.
To encourage downstream processing of the region’s mineral resources, the establishment of two heavy industry parks is being planned.
With further development of the oil and gas sector expected, additional investment opportunities, particularly for specialised services centred on these industries, is anticipated.
Tourism makes a significant contribution to the regional economy, with the development of the Karijini National Park and the Dampier Archipelago viewed as the catalyst for additional tourism developments. Cultural and heritage tourism offer additional investment potential for associated commercial accommodation facilities and venues.
The pastoral industry has responded to the need for im-proved management and is well-placed to service international markets, particularly in Asia.
A reduction in herd numbers has been offset by effective disease eradication programs. Development of infrastructure is being undertaken and there is long-term potential for the increased export of live cattle.