Prime Minister Malcolm Turnbull and Premier Gladys Berejiklian visited the William Inglis Hotel on Monday to discuss development plans surrounding the Western Sydney Airport at the Aerotropolis Investor Forum.
The Prime Minister’s visit was a bid to encourage international investors including consulate representatives of the UK, the Philippines and South Korea.
The Prime Minister called the Western Sydney Airport and The City Deal a “game-changer” and highlighted intentions to build a new rail line which would connect Western Sydney Airport to St Marys and the T1 Western line.
However, the governments have been facing criticism for committing only $100 million in funding for the new rail line.
“We see a city that will create tens of thousands of jobs in the aviation, aerospace, defence and advanced manufacturing industries,” Mr Tunrbull said.
“Jobs will flow into other sectors, including education, agribusiness, health, hospitality, logistics and retail.
“Nearly $20 billion has been committed for transport, health and education infrastructure across the region. The biggest single investment is, of course, the Federal Government's $5.3 billion commitment to build the Western Sydney Airport.
“We're also investing $3.6 billion in roads that will support the airport, the Aerotropolis and the communities that will grow around them.
“In March we signed the Western Sydney City Deal with the NSW Government and eight local councils represented here today.
“This new Western Parkland City will be an economic powerhouse, but it will also be green, it will be livable, with convenient access to employment, recreation and education. It’s a new city.”
Head of WSA Co Paul O'Sullivan said advanced technologies at the curfew-free airport would cut process times for passengers and time to turn around aircraft.
He also referred to the “lucrative parking revenues” of Sydney Airport with plans to run differently.
According to The Sydney Morning Herald, he said: “Our profit streams are likely to be different to Kingsford-Smith Airport. Our view is, let's do the right thing by the airline and the passenger, and let's run the economics of the airport so that we find a way to make sure we’re profitable,” Mr O'Sullivan said. “This is going to bring competition for the first time to the Sydney basin.”
The NSW Australian Space Agency's headquarters was also addressed at the forum. It’s understood the Premier suggested the Western Sydney Airport region as an ideal location.
Earlier, it was also announced $50 million is set to fund a new space agency as part of the Federal Budget.
Australia’s first astronaut, Dr Paul Scully-Power, was there to discuss plans in support of a NSW Australian Space Agency headquarters.
Liverpool mayor Wendy Waller said: “We realise these benefits would be greatly magnified if the Australian Space Agency was also sited there, so the council wishes to discuss with Dr Scully-Power how it can best support the effort to have it as part of Aerotropolis.
“I was able to speak with a range of potential investors, businesses who want to tie their futures to ours. The investment in the Western Sydney Airport and the Aerotropolis will bring the jobs our community has been seeking for a long time.
"It's incredibly exciting to know that’ll be happening so close to our city centre and to the homes of so many residents. It's such a great opportunity for Liverpool.”