Parramatta. City has potential

Parramatta has the potential to absorb greater residential and commercial density and to further develop agglomerations of economic activity in Greater Western Sydney that leverage its existing commercial and other infrastructure and exploit its central location in the region, according to an Ernst & Young report prepared for Parramatta City Council. Developing stronger social and economic infrastructure in Parramatta would alleviate traffic, into the Sydney CBD, better service a growing Greater Western Sydney population, address spatial inequality in service outcomes and improve social cohesion, the report said.

Region. Funds needed for projects

A CBRE report on the impact of transport infrastructure on industrial property has identified a number of major projects in Western Sydney, which require approval in readiness for funding through the proposed infrastructure bonds: the Southern Sydney Rail Freight line, the Intermodal Logistics Centre, at Enfield, the Moorebank Intermodal Freight, the Eastern Park Link Road, the widening of the M5 and the links from the M4 to the City Westlink The NSW Government has decided to offer bonds to raise capital specifically for infrastructure

Region. Infrastructure fund

NSW Premier Barry O’Farrell and Treasurer Mike Baird today announced legislation would be introduced to Parliament to establish the NSW government’s Infrastructure Fund, Restart NSW. “No government in the country’s history did less in terms of building infrastructure than the previous Labor Government. They promised no less than 12 new rail lines, seven in Western Sydney, and failed to deliver one of them,” Mr O’Farrell said