Trade diversification in the Western Australian economy
A call to WA business: showcase your investment opportunities online
Forty cutting-edge projects driving the diversification of Western Australia’s economy have been awarded $148.4 million in grants under WA’s Investment Attraction Fund. The progress includes support for development of Infinite Green Energy’s MEG HP1 Green Hydrogen project, which aims to produce up to 4.4 tonnes of hydrogen per day for the domestic transport market; and development of the YURI Renewable Hydrogen to Ammonia Plant.
The Chamber of Commerce and Industry WA (CCIWA) has partnered with Invest and Trade Western Australia to launch a website dedicated to showcasing investment opportunities in the state.
Some of the successful projects will drive the development of local battery capabilities, including innovative advanced manufacturing battery eco-system hubs for the Pilbara and Rockingham regions; and development of precursor Cathode Active Material (pCAM). The Ord Cotton Ginnery will enable substantial expansion of cotton production and flow- on supply chain opportunities; Franmarine Underwater Services’ Global Operations Centre will deliver new ship sustainment and husbandry capabilities to defence organisations; and Pacific Energy Renewables WA will deliver advanced manufacturing capabilities for stand-alone power systems.
WA’s med and biotech sectors continue to deliver world-leading capabilities, with projects to expand local pharmaceutical manufacturing; formulate new vaccines; deliver medical biosensor manufacturing processing; and commercialise a diagnostic imaging system. And the space sector continues to grow, including the development of an EONET project, accessing satellites and delivering Earth Observation Data for vital insights. To learn more about these projects, visit
The website promotes investment- ready projects in WA across a range of industry sectors. The aim is to drive investment attraction to the WA, grow the economy, and create jobs. A recent survey conducted by CCIWA Business found that a significant number of WA businesses are actively seeking foreign investment. Investment in WA is approximately $46 billion; there is a tremendous opportunity to increase investment across WA’s core industry sectors, along with emerging and innovative diversified greenfield and brownfield investment. The initiative complements existing trade promotion and investment attraction activity by the WA Government’s Invest and Trade Western Australia.
Under the partnership, CCIWA’s International Trade and Investment Centre (ITIC) will develop, implement and maintain the digital platform. The website features curated commercial investments from a minimum of $10 million with a particular focus on investments in primary industries, mining, energy, mining and technology services (METS), tourism, creative industries, health medical life sciences, defence industries and space industries. The platform will be an important tool in the state’s investment attraction efforts and will assist to showcase the types of investment projects and the investment potential in Western Australia. Learan more at wainvestments.com.au
investandtrade.wa.gov.au/ opportunities/investment- attraction-fund
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business envoy
Department of Foreign Affairs and Trade
Department of Foreign Affairs and Trade
business envoy
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