The state government has partnered with the Chamber of Commerce and Industry WA to launch a new online platform to promote investment-ready projects in WA.
The state government has partnered with the Chamber of Commerce and Industry WA to launch a new online platform to promote investment-ready projects in Western Australia to international investors.
The website, WA Investments, would enable global investors to access ready-to-invest commercial WA projects worth more than $10 million.
The platform has gone live today with 35 investment opportunities currently available with an estimated combined value of $6 billion.
State Development, Jobs and Trade Minister Roger Cook launched the new online platform this morning at a breakfast function.
Mr Cook said the partnership between the state government, through Invest and Trade WA, and CCIWA would attract investment and promote trade opportunities.
“International investment is critical to Western Australia as it creates new jobs and sustained employment contributing to our strong economy and our way of life,” Mr Cook said.
“WA Investments is a website dedicated to showcasing live investment opportunities from across the state.”
CCIWA is set to develop, implement and maintain the WA Investments platform, while Invest and Trade WA will continue to service requests from global investors seeking support on investment opportunities.
CCIWA chief executive Chris Rodwell said the future of WA is fundamentally tied to business investment.
“That’s what CCIWA is all about, we need more business investment to create and grow our economy, to create new industries and create jobs of the future,” Mr Rodwell said.
“We want to ensure our state is on the front foot to strengthen and diversify its economy, whether it's in critical minerals, hydrogen, advanced manufacturing, life sciences or some other emerging industry.”
Mr Cook said WA Investments would complement the existing investment and trade strategies undertaken by Invest and Trade WA.
“WA Investments also supports our government’s open for business strategy as well as our strategic focus to attract productive investment to grow and diversify the economy and importantly create high-quality jobs,” Mr Cook said.
Mr Cook said the value of WA’s business investment for FY21-22 was $46.6 billion and is projected to grow by 10 per cent in FY22-23.
