Parramatta’s thriving multi-billion-dollar economy is set to reach new heights with the launch of a new City Economy Strategy centred on building a prosperous, resilient, and globally-focused City.
The new economic plan, to be unveiled to government and business leaders at today’s Lord Mayor Business Forum, lays out the vision of how City of Parramatta plans to reach its ambitious targets, including an additional 150,000 jobs in the City by 2050.
City of Parramatta Lord Mayor Cr Martin Zaiter said Parramatta’s thriving economy is already paving the way to reaching Council’s vision to be Australia’s next global City.
“Parramatta is Western Sydney’s jobs engine, and the economic success of our city will be critical for improving state and national productivity.” Cr Zaiter said.
“We want to attract high-quality local jobs across a range of sectors to create a more liveable city and ensure our community can contribute to and benefit from growth, improving quality of life for all.
“Our ambitious targets to transform our City into an economic global powerhouse need a clear plan and our new City Economy Strategy will help unlock the full potential of our growing City.”
The Lord Mayor Business Forum returns to Parramatta Town Hall today off the back of the success of last year’s inaugural event, bringing business and government leaders together to deep dive into the new economic plan and discuss the next phase of Parramatta’s growth.
Master of Ceremonies, ABC presenter and journalist Lydia Feng, will be joined by speakers including NSW 24-Hour Economy Commissioner Michael Rodrigues, Sydney Olympic Park Authority CEO Neisha D’Souza and Western Sydney University Launch Pad Executive Director Don Wright covering transport, infrastructure, education, media and culture and how this will shape Parramatta towards 2050.
“With a Gross Regional Product of $30.97 billion, Parramatta is a city second to none, and the Lord Mayor’s Business Forum highlights our role as a meeting place for ideas, leadership and economic ambition,” Cr Zaiter said.
“Parramatta’s economy is going from strength to strength, and with a clear vision and roadmap for economic growth, now is the time to collaborate, innovate and invest in the future of our city.”
