Sydney Markets to secure its future in the Aerotropolis

 
 

14 November 2018

The iconic Sydney Markets have joined major international companies and signed a Memorandum of Understanding with the NSW Government to contribute towards the creation of the 200,000 jobs in the Western Sydney Aerotropolis.

Premier Gladys Berejiklian and Sydney Markets Chairman John Pearson today agreed to work together to enable the Sydney Markets to expand into the Aerotropolis.

“Sydney Markets are part of the fabric of Sydney and they have joined international businesses, including Northrop Grumman, Mitsubishi Heavy and Sumitomo Mitsui Financial Group racing to be a part of our Aerotropolis,” Ms Berejiklian said.

“It is not every day you get the opportunity to build a new city around a new airport from the ground up and we are doing what it takes to make it the best in the world.

“We are making the crucial investments now so that the Aerotropolis delivers families and communities across Western Sydney the best jobs, the best opportunities and the best quality of life right on their doorstep.”

Minister for Western Sydney Stuart Ayres said the Sydney Markets presence in the Aerotropolis will allow it to take advantage of the agri-business, freight and logistics opportunities that will develop in the area over the next decade and beyond.

“The business confidence in the Western Sydney Aerotropolis is skyrocketing and local and international companies will help to provide the skilled jobs Western Sydney needs to thrive,” Mr Ayres said.

Sydney Markets Chairman John Pearson said the company is excited to work with the NSW Government to expand the Sydney Markets Brand and be a part of this growth in the Western City. Time will tell whether the existing Markets move or a new Market is established.

“Over recent years, the SML Board on behalf of its shareholders has pro-actively initiated a range of strategic planning initiatives to secure the future of the Markets,” Mr Pearson said.

“Whilst we are at an early stage in this longer term journey with specific sites to be defined, the opportunity for Sydney Markets to be an anchor brand in the Western City should not be underestimated.”

There will be further signing of agreements in the coming days and weeks that will give confidence to the community that the Western Sydney Aerotropolis will deliver on its promise of 200,000 jobs and become an economic powerhouse for years to come.