Tuesday, 6 April 2010

Penrith Corridor to attract investment

Professor Phil O’Neill, director, of the UWS Urban Research Centre, in Parramatta, made a presentation to the Penrith Business Alliance, on the Penrith Economic Corridor, which would stretch from Penrith Lakes in the north to the Mulgoa Enterprise Zone in the south, including the Penrith CBD and Nepean River in the west to the St Marys town centre in the east, including Nepean Hospital, UWS and TAFE. Professor O’Neill said the advantages of a ‘corridor of economic activity’, if promoted correctly, could enhance the attraction of further investment and jobs to Penrith. The PBA will convene a working group to look at ways to bring this about. through a web site that promotes the corridor, along with presenting better information on why investing in Penrith is a smart thing to do.



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