Western Australia’s investment hubs

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We’ve been identifying the main hubs that could form part of a national investment framework. Not in prospect at present, but you must be ready! So, let’s imagine we’re in London or New York and a local investor wants information on what’s on offer.

 

To date we have identified 12 hubs in Queensland, 20 in NSW, 11 in Victoria, 8 in SA and 5 in Tasmania.

 

We have identified 16 hubs in WA. All have good road and air access. Let’s start in the north.

 

Kimberleys – Close to the NT border is Kununurra (pop. 6,000), which developed as a result of the Ord River scheme, and now irrigates ever-expanding fruit, cotton and sandalwood crops. Distinctive features are Lake Argyle hydro energy, the Argyle diamond mine and the strong aboriginal presence. Gee it’s hot. Frontier stuff. Broome (pop. 15,000) – old pearling port transformed by UK bon vivante, Lord McAlpine, and his Cable Beach resort – now a serious hub for eco-tourism, environment, indigenous culture.  Has the opportunity to service the Browse Basin gas fields. Direct air links to Asia.

Pilbara – Moving into the Pilbara region, Port Hedland (pop. 15,000) is dominated by the BHP Billiton iron ore facilities and a significant industrial estate. Fantastic fishing – 18 foot boats occupy every second car port. Neighbouring Karratha (pop. 12,000) is a boom town, with folks living in tents, caravans and sea containers on front lawns. It has an annual Fenaclng Festival – an acronym for iron (Fe) and salt (NaCL) plus liquefied natural gas (LNG). These three industries sum it up.

Gascoyne & Mid West – Further south is the Gascoyne region where Carnarvon (pop. 10,000) is the commercial and administrative hub. Major industries are prawns, game fishing, horticultural, mining, and tourism blessed with world-class national parks e.g. Shark Bay, Ningaloo Reef. Also, Exmouth Marina Village is awaiting development. Geraldton (pop. 35,000) is the Mid West region’s main centre, and going through a huge boom. A classy city, and relatively close to Perth. Industries include mineral sands, iron ore, crops, wool, lobster. Well-developed transport infrastructure now that Oakajee Port has the go ahead. And Port Kalbarri, just to the north, is absolutely idyllic. Also likely ambassadors in TV identities Ernie Dingo and Tasma Walton.

Wheatbelt – WA’s main grain-growing area. It is sprinkled with some good towns – Northam (10,000 pop.), Merredin, Moora and Narrogin have the infrastructure to support foreign investment in grain-based product for export. Wave Rock and the Pinnacles are tourist attractors.  

 

PerthFour four well-recognised hubs. There is the CBD and inner-city business districts; the Fremantle-Kwinana-Rockingham corridor which has grown to a world-class industrial agglomeration; Eastern Perth corridor, where most suburbs start with B – serious industrial capability and proximity to the airport; and the north-west growth corridor around Yanchep (Bond’s former real estate play), Joondalup and Wanneroo. The Neerabup industrial estate is currently fast-tracking 400 ha.  

Mandurah (pop. 71,000) is the key city in the Peel region. A commuter belt to Perth, resort centre, retirement hub. Like Bunbury (further to the south) it’s the real deal in terms of wine, forestry, mining, mineral processing (bauxite, alumina, gold), agriculture, equine pursuits, fishing, tourism and beaches.  The passenger light rail link to Perth was opened in 2008 and is delivering  spin offs  for residential and  commercial  land. 

Bunbury (pop. 56,000) is a world-class hub two hours drive south of Perth. A wonderful mix of forestry, wine, gourmet food, eco-tourism, fruit, livestock, dairying, coal-fired energy, alumina, mineral sands, tin, tantalite, chemicals. The Kemerton industrial estate is a major mineral treatment and engineering cluster. TAFE and University campuses.

Heading further south we skip around Busselton and Margaret River and the next real hub is Albany (pop. 25,000), the key city of the Great Southern region. It has a deepwater port, and a well-established sense of identity with timber, wool, wine, broadacre crops, essential oils, fishing and meat processing for international markets. It also has some effective local champions. TAFE and University campuses.

Moving eastwards is Esperance (pop. 15,000) which is a major port for grain and minerals. Its lead pollution problems have drawn unwanted publicity. It nevertheless has magnificent fishing, aquatic sports and lifestyle attributes.

And heading inland is Kalgoorlie-Boulder (pop. 30,000+), the heart of the Goldfields-Esperance region. The gold and nickel industries are booming. Major rail-road-air links to Perth and the east, and a LNG pipeline from the Pilbara. Its brothels are a tawdry reminder of its rollicking past. 

One Response to “Western Australia’s investment hubs”

  1. Timmy Christian W Says:

    We are interested to invite investors to develop our plan on Bitung International Hub Port, info please contact my e-mail address timmychristian_warouw@yahoo.com, thanks

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