Thursday 18 October 2012

Region. Industrial engine room

Western Sydney represents the industrial engine room of the Sydney economy. The region has a strong manufacturing sector and is a strategic distribution hub for goods throughout Australia with a significant transport and logistics sector. The region also boasts a strong professional services sector with major commercial centres including Parramatta, Norwest and Penrith, according to the 2012 RDA Sydney Regional Plan Over the past year, the region recorded real GRP growth of 0.9per cent to $95.6 billion, predominantly attributable to growth in transport and logistics, construction and retail trade. The regional GRP is represents 32.2 per cent of the metropolitan area total.

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