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INVEST IN AUSTRALIA’S WEST
THE EXTRAORDINARY STATE OF WESTERN AUSTRALIA
Welcome to Western Australia.
It’s a big place. Big on opportunity; and big on optimism.
The largest of Australia’s states, Western Australia’s 2.5 million square kilometres cover a third of the country; and its 12 900 kilometre coastline is surrounded by two of the world’s biggest oceans; the Indian Ocean and the Southern Ocean.
2.3 million people from over 190 different countries call Western Australia home.
Western Australia lies in a similar time zone with the world’s most populous and dynamic economies and it is closer to Indonesia than it is to Sydney.
Western Australia is a truly extraordinary place. It enjoys a thriving economy, its geography is unique compared to anywhere else in the world, and it offers untold opportunity, whether for business or pleasure.
Western Australia
• Capital city: Perth
• Population: 2.3 million
• Area: 2.5 million square kilometres
(965 000 square miles)
• Coastline: 12 900 kilometres
• Time zone: GMT + 8hrs
• WA averages more hours of sunlight
per year than any other state
in Australia.
• WA covers five climatic zones.
• The South West is one of the world’s
25 biodiversity hotspots.
32
SINGAPORE3 896 km
MUMBAI7 265 km
HONG KONG6 006 km
Perth is Australia’s western capital. Its relaxed,
outdoor lifestyle makes it one of the most
liveable and enjoyable cities in the world.
(Officially, in 2011 it ranks as the eighth
most liveable, according to London’s The
Economist magazine).
Perth has a Mediterranean-style climate with
around 3 000 hours of sunshine every year.
It’s home to three-quarters of the people who
live in Western Australia. Beautiful beaches
and the crystal-clear waters of the Indian
Ocean are just a 15 minute drive from the
city centre.
Perth’s proximity to many Asian countries
and its sharing a similar time zone to them,
explains why it is now Australia’s fastest
growing economy.
It’s a modern, efficient and advanced city,
and a wonderful place to live and work.
Perth
• Population: 1.7 million
• Distance to Sydney: 3 288 km
• Distance to Jakarta: 3 002 km
• Distance to Singapore: 3 896 km
• Distance to Hong Kong: 6 006 km
• Distance to Mumbai: 7 265 km
• Closest Australian city to India and China
• Part of the Indian Ocean Rim group of
countries and cities
• Flying time to Singapore: 5 hours
• Average annual rainfall: 855 millimetres
• Mean temperatures: Max 24.4° Celsius,
Min 12.7° Celsius
BIG CITY
4 5
BIG FUTURE The Perth Waterfront Project is bringing
the majestic Swan River into the heart of
the central business district. It will transform
the area into a vibrant, round-the-clock hub
of activity. The plans include a mix of civic,
commercial, residential, retail, education
and cultural areas.
The Perth Riverside Project will provide
a stunning entry statement into the east
of the city. It will be a bustling place with
entertainment, commercial, retail, hotel and
residential uses, which take advantage of
its unique location on the banks of the
Swan River.
The Perth City Link Project will
reconnect the city centre with Northbridge
for the first time in more than 100 years
by putting public transport infrastructure
underground to deliver a new destination
for the city.
Perth will enjoy improved connectivity
through the city, access to public transport,
increased residential, retail and commercial
opportunities, and new public open spaces.
The Perth Cultural Centre is
transforming this inner-city precinct
into an exciting new destination for locals
and visitors.
The area houses Perth’s major learning
and cultural venues including the Western
Australian Museum, State Theatre Centre,
State Library of Western Australia and
Art Gallery of Western Australia.
• Estimated total project costs: A$2.6 billion
• Project size: 40 hectares
• Investment required: A$2.6 billion
• Project size: 10 hectares
• Project size: A$11 million
• Investment required: A$3 billion
• Project size: 13.5 hectares
76 Photo courtesy of Department of Planning
Western Australia is the powerhouse driving
Australia’s economy and a proudly export-
focussed state. Although the State has
only 10 per cent of the nation’s population,
it produces a staggering 46 per cent of
Australia’s total merchandise exports.
Over the past 10 years, Western Australia
has been the country’s fastest growing
economy. The State’s economy has grown
at a steady 4.4 per cent - a rate that’s
expected to continue. Perth hosts the
regional headquarters for several international
companies, such as Rio Tinto, Chevron,
AngloGold Ashanti and BHP Billiton.
Mineral resources and oil and gas form the
backbone of the State’s economy, but equally
important are the infrastructure and service
industries which support the mining and
exploration taking place.
Agriculture covers more than 100 million
hectares and 75 per cent of production is
exported. Perth’s Fremantle Port is the State’s
largest general cargo port and its container
trade has grown at an average of 8.4 per cent
a year over the past 20 years.
The WA economy
• Gross State Product (GSP) per capita:
A$81 159
• GSP: A$184 billion (2009/2010)
• Current value of iron ore production:
A$48.5 billion
• Current value of petroleum production:
A$22.9 billion
• Current value of gold production:
A$7.8 billion
• Current annual value of agriculture,
fisheries and forestry production:
A$6.1 billion
BIG BUSINESS
8 Photo courtesy of Fortesque Metals 9
B IG PROJECTS Western Australia openly welcomes foreign
investment that encourages the development
of its valuable natural resources.
In Western Australia, there are advanced
resource projects worth A$107 billion
underway, with further projects worth
A$194 billion at the planning stage.
The biggest resource project is the Gorgon
Liquefied Natural Gas Facility at Barrow Island
in the State’s north-west. It’s the largest
investment of its kind in Australia and is worth
A$43 billion.
In the East Kimberley Region, there’s a A$415
million joint State and Australian Government
initiative to double the Ord irrigation area. By
developing a further 14 000 hectares of land,
it will turn the area into a world-class irrigated
agricultural precinct.
The State Government is also developing
the Browse Liquefied Natural Gas Precinct
to maximise benefits to the local community
from the development of the highly prospective
Browse Basin. The basin has estimated
gas reserves of 35.2 trillion cubic feet.
The foundation project for the precinct
is valued at approximately A$30 billion.
Western Australian projects
• Western Australia’s exports in 2010-11:
A$112 billion
• Western Australia’s iron ore exports in
2010-11: A$56.8 billion
• The A$43 billion dollar Gorgon Gas Project
will provide enough fuel to power a city of
1 million people for 800 years.
• The Gorgon Project is a joint venture
between Chevron, ExxonMobil and Shell.
• The WA Government recently
announced the A$30 billion Wheatstone
Project near Onslow.
• Ord River Irrigation Project will release
8 000 hectares of agricultural lots on
completion.
Photo courtesy of Woodside Energy Ltd 1110
BIG INFRASTRUCTUREThe Western Australian Government is
working closely with the private sector to
facilitate the development of new resource
projects and further develop industry
infrastructure.
The new Oakajee Port worth over A$5 billion
will provide an export port for the burgeoning
magnetite iron ore industry in the Mid-West
and will have an initial capacity of 45 million
tonnes per annum.
The State is also involved with the new
A$4 billion Anketell multi-user, multi-commodity,
deepwater port and industrial area which will
provide export infrastructure support to iron
ore producers in the Pilbara.
In addition, the State Government is investing
A$5 million dollars in the development of
key industrial estates throughout Western
Australia to support major projects and
industrial investment.
The Wheatstone Project was recently
announced by the State Government and
major proponents. The project has
already resulted in A$32 billion worth of
investment, and will become the nation’s
largest gas precinct.
Big infrastructure
• Anketell Port export potential: 350 million
tonnes per annum
• Anketell precinct: 1 400 hectares of
industrial land available
• The Ashburton North Strategic Industrial
Area includes a multi-user port and land
areas which will be completed in 2014.
• Oakajee Port project is expected to be
completed in 2015.
• Oakajee Port start up capacity: 45 million
tonnes per annum
0 1 2 3 4 5
BILLION INVESTMENT
A$5BA$4B
A$1.5B
OAKAGEE
ANKETELL
ONSLOW
45MILLION TONNES
12 Photo courtesy of Chevron 13
Western Australia has five world-class
universities – four in the State capital, Perth
and one in nearby Fremantle. Like all Western
Australia’s academic institutions, the
universities have strong links with industry
and well-established relationships with other
academic institutions around the Asia-Pacific
and Indian Ocean regions.
Western Australia’s universities work at the
forefront of science and technology and
are heavily involved in pioneering research
projects including medical science, renewable
energy, high-speed computing, desalination,
marine science, minerals and petroleum,
radio astronomy and agriculture.
In 2005, the Nobel Prize for medicine and for
physiology went to Barry Marshall and Robin
Warren - both professors at the University of
Western Australia.
State Government agencies are also
leaders in innovation. Through research and
international collaboration they play a leading
role in advanced food security,
environmental management, public health,
education and transport.
Western Australia’s wide range of schools,
vocational institutions, English language
colleges, and cultural and economic ties in
the region make it a popular destination
for international students and overseas
business professionals seeking to advance
their knowledge.
Education
• The University of Western Australia is ranked
among the world’s top 100 universities.
• Murdoch University is one of Australia’s leading
research and teaching universities.
• Curtin University is WA’s largest university
and specialises in applied engineering and
business studies.
• Edith Cowan University is the home to the
Western Australian Academy of Performing Arts
(WAAPA) – a leader in this field of study.
• Notre Dame University is a sister university to
Notre Dame in the United States.
BIG ON EDUCATION
1514 Photo courtesy of Notre Dame University
B IG GLOBAL VILLAGEPerth is a true global village; a multicultural
metropolis with people from over 190
countries speaking 270 different languages.
Three per cent of the State’s population
are Aboriginal, 27 per cent of the Western
Australian population were born overseas,
and almost half have at least one parent who
was born overseas.
This diverse mix of languages, cultures and
international relationships makes Western
Australians open and responsive to business
opportunities both in the region and around
the world.
As you’d expect from a place made up of
such a variety of people, Western Australia
has a vibrant culture and arts scene.
The State produces an extraordinary range of
musicians, actors, artists, writers, designers,
filmmakers and others from the creative
industries, many of whom now showcase their
talents in spotlights around the world.
A big global village
• 12 per cent of Western Australians speak
a language other than English at home
(the most common is Italian).
• The Whadjuk Noongar people have
lived near Perth’s Swan River for over
40 000 years.
• Western Australians follow over
100 different religions.
• Western Australia is home to one of the
world’s oldest Indigenous communities.
16 Photo courtesy of UWA 17
Western Australia’s warm, friendly and enviable
lifestyle and geographical proximity to the key
growing markets of Asia, combined with its
sophisticated, profitable and globally-orientated
economy, makes it the ideal business destination.
The State offers a commercial environment which
actively encourages growth and prosperity. A
stable, supportive government and transparent
legal and regulatory processes contribute
to its highly entrepreneurial culture. Western
Australia also has low sovereign risk, innovative
government policies, which actively encourage
development, and a highly-skilled workforce.
No wonder it’s home to over 63 per cent of
Australia’s resource development projects.
The State’s strong public finances, triple A credit
rating and sound financial systems, are among
the most successful in the world. There’s an
abundance of land and opportunities to invest in
resources, research and development, science,
agriculture, services, manufacturing and tourism.
So think big. Think Western Australia.
BIG PLANS
63%
State government investment
• Health infrastructure expenditure:
A$4.5 billion
• Education infrastructure expenditure:
A$1.6 billion
• Water infrastructure expenditure:
A$3.6 billion
• Energy infrastructure expenditure:
A$4.2 billion
DELOITTE ACCESS ECONOMIC’S INVESTMENT MONITOR, 2011
© The West Australian 1918
Investment and trade support
Investment and trade opportunities are supported and developed by the Department of State Development, Western Australia. The Department has extensive experience and networks throughout international markets and can expand market opportunities by encouraging productive relationships between supply chain customers, government and industry organisations.
The Department of State Development assists businesses and organisations to capitalise on international export and investment opportunities. With the support of eleven independent international offices located around the world the Department offers a wide range of trade and investment services.
The Department:
• assists Western Australian exporters with overseas markets
• advises on market entry strategies
• identifies business opportunities in established and emerging markets
• represents Western Australia’s strategic interests in trade development and free trade agreements
• facilitates inbound investment
• arranges customer fact finding missions
• provides statistical, trade and market analysis
• coordinates Government approval processes
• advises on Government incentive schemes.
ContactsDepartment of State Development Level 6, 1 Adelaide Terrace, East Perth Western Australia, 6004Telephone: +61 8 9222 0555Facsimile: +61 8 9222 0505Email: [email protected]: www.dsd.wa.gov.au
Trade and Invest Hotline: +61 8 9222 0491 (9.00am – 5.00pm GMT)
Email: [email protected] Website: www.dsd.wa.gov.au/thinkbig
Western Australian contact:Nathan Backhouse - Director International Trade and InvestmentTelephone: +61 8 9222 0461Facsimile: +61 8 9222 0505Email: [email protected]
Sonia Grinceri - General Manager Overseas MarketsTelephone: +61 8 9222 0925Facsimile: +61 8 9222 0505Email: [email protected] This document is available on request in alternative formats such as large type, audio tape, USB drive or Braille. © October 2011 Department of State Development.
Cover image by Carly Donohue
EUROPE
Western Australian contact:Sarah Woods – Manager EuropeTelephone: +61 8 9222 0422Facsimile: +61 8 9222 0505Email: [email protected]
London contact:Kerry Sanderson – Agent GeneralGovernment of Western AustraliaTelephone: +44 20 7240 2881Facsimile: +44 20 7240 6637Email: [email protected]
INDIA
Western Australian contact:John Shute – Manager IndiaTelephone: +61 8 9222 0495Facsimile: +61 8 9222 0505Email: [email protected]
Mumbai contact:Peter Forby – Regional DirectorWestern Australian Trade OfficeTelephone: +91 22 6630 3973Facsimile: +91 22 6630 3977Email: [email protected] INDONESIA
Western Australian contact:Richelle Gornik – Manager South East AsiaTelephone: +61 8 9222 0465Facsimile: +61 8 9222 0505Email: [email protected] Jakarta contact:Martin Newbery – Regional DirectorWestern Australian Trade OfficeTelephone: +6221 5290 2860Facsimile: +6221 5296 2722Email: [email protected]
JAPAN
Western Australian contact:Richelle Gornik – Manager JapanTelephone: +61 8 9222 0465Facsimile: +61 8 9222 0505Email: [email protected] Tokyo contact:Craig Peacock - Commissioner North Asia Agency Government of Western Australia Tokyo OfficeTelephone: +81 3 5157 8281Facsimile: +81 3 5157 8286Email: [email protected] Kobe contact:Noriko Hirata – Regional DirectorGovernment of Western Australia Kobe OfficeTelephone: +81 78 242 7705Facsimile: +81 78 242 7707Email: [email protected] MALAYSIA
Western Australian contact:Richelle Gornik – Manager South East AsiaTelephone: +61 8 9222 0465Facsimile: +61 8 9222 0505Email: [email protected] Kuala Lumpur contact:Verghese Jacob – Regional DirectorWestern Australian Trade OfficeTelephone: +603 2031 8175Facsimile: +603 2031 8177Email: [email protected] MIDDLE EAST
Western Australian contact:John Shute – Manager Middle EastTelephone: +61 8 9222 0495Facsimile: +61 8 9222 0505Email: [email protected]
Dubai contact:Pankaj Savara – Regional DirectorWestern Australian Trade OfficeTelephone: +971 4 343 3226Facsimile: +971 4 343 3238Email: [email protected]
CHINA
Western Australian contact:Ngor Tan – Manager Greater ChinaTelephone: +61 8 9222 0582Fax: +61 8 9222 0505Email: [email protected] Shanghai contact:BJ Zhuang – Regional DirectorWestern Australian Trade and Investment PromotionTelephone: +86 21 5292 5899Facsimile: +86 21 5292 5889Email: [email protected] Hangzhou contact:William Wang – RepresentativeWestern Australian Trade and Investment PromotionTelephone: +86 571 8795 0267Facsimile: +86 571 8795 0295Email: [email protected]
SOUTH KOREA
Western Australian contact:Richelle Gornik – Manager South KoreaTelephone: +61 8 9222 0465Facsimile: +61 8 9222 0505Email: [email protected] Seoul contact:Jean Ough – Regional DirectorWestern Australian Trade and Investment OfficeTelephone: +82 2 722 1217Facsimile: +82 2 722 1218Email: [email protected]
Acknowledgements The Department of State Development gratefully acknowledges contributions from the Department of Culture and the Arts, Department of Premier and Cabinet, Tourism WA, Office of Multicultural Interests, Department of Regional Development and Lands, East Perth Redevelopment Authority, Department of Training and Workforce Development, Department of Agriculture and Food, Department of Mines and Petroleum, Small Business Development Corporation, Department of Commerce, Department of Education Services, Department of Planning, City of Perth, WA Department of Fisheries, Department of Environment and Conservation, Wine Industry Association WA (Inc.), Department of Sport and Recreation and the Department of Transport. Disclaimer This publication has been prepared by the Department of State Development with information taken from a range of sources and is believed to be reliable and accurate at time of publishing. The authors have endeavoured to provide a representation of Western Australian lifestyle and industry however the publication is not intended to be an exhaustive or comprehensive list of information about Western Australia. This document is available on request in alternative formats such as large type, audio tape, USB drive or Braille.© October 2011 Department of State Development.