The Western Australian Government is set to support 40 new job-creating projects across the state with $148 million in funding through its Investment Attraction Fund.
The Investment Attraction Fund was a key 2021 election commitment as part of the WA Jobs Plan, providing funding for projects in priority sectors that create local jobs, build on Western Australia’s economic strengths and embrace future opportunities.
The 40 successful recipients will receive $148.4 million in grant funding, with projects spanning eight priority sectors:
- Defence industries
- Energy
- Health and medical life sciences
- International education
- Mining and mining equipment, technology and services
- Primary industries
- Space industries
- Tourism, events and creative industries
The funding injection supports a whole array of projects across the state, including:
- A pilot plant to produce high purity alumina for high-tech battery cells
- Establishing a renewable diesel biorefinery in Narrogin
- Advanced manufacturing of medical biosensors to prevent complications during childbirth
- A high-performance computing campus in Geraldton
- Establishing a brewery, restaurant, bar and family-friendly venue at Cable Beach
- An expansion of Stanley College’s capacity to take on international students
- Establishing a value-adding dairy facility and tourism offering in the Swan Valley
Western Australia Premier, Roger Cook, made the announcement at Pacific Energy’s facility in Perth – with Pacific Energy to receive more than $2.4 million to expand its capacity to manufacture renewable energy stand-alone power systems.
The expansion will support the company to double the number of stand-alone power systems it manufactures each month, creating more than 40 local jobs and helping to transition regional and remote communities to a cleaner, reliable and affordable energy future.
More than half of the 40 successful projects are located in regional Western Australia or have state-wide operations, while the remaining 19 are located in Perth.
More than 200 applications were made for funding support through a rigorous two-stage application and assessment process for the Investment Attraction Fund.
Mr Cook said that the State Government is committed to securing the state’s economic prosperity now, and for generations of Western Australians to come.
“Through the Investment Attraction Fund, we’re driving a strong and diversified economy that delivers secure, quality jobs for the future,” Mr Cook said.
“We’re building on Western Australia’s economic strengths, and embracing new and innovative industries – positioning our state at the forefront of the global energy transition.
“We’re backing local companies to manufacture here in Western Australia, to value-add, and to take on the world in developing high-tech products for the future.
“I’m proud to lead a government focused on the future – and making sure jobs and the economy remain strong.”
For more information and a full list of recipients, click here.
