Bankstown. $200m investment for airport

Bankstown Airport and its tenants plan developments worth an estimated $200 million, according to Kim Ellis, CEO, Sydney Metropolitan Airport – Bankstown. “The multiplier effect will be quite substantial to the local and wider economies,” he said. Mr Ellis said key findings of an economic study painted Bankstown as an economic lynchpin for the Western Sydney region generating economic activity of $733 million each year. The study showed the airport delivered flow-on impacts to the broader economy of $1.3 billion. "We consider the results cement Bankstown as one of Australia's significant aerospace hubs and business centres and with future developments the outlook is positive for the airport and those businesses and households who rely upon it," he said. Bankstown employs 6000 people, directly and indirectly.