$65 Million Investment And More Than 200 New Jobs In Parkes

The Parkes Special Activation Precinct is set for a major economic boost, with three companies planning to establish operations in the precinct in a move expected to gen­erate $65 million in private investment and more than 100 new permanent jobs for the region.

A further 100 jobs will be created during the construction and establishment phase, in what is expected to be one of the larg­est and most significant local investments in many years.

Attracting these businesses to the Parkes Precinct is part of the Minns Government’s plan to grow regional economies and create new local high value jobs across regional NSW. The three businesses are:

• Soul Origin – proposing a cold storage, warehousing and distribution centre

• Ecotech Enviro – proposing operations that will process raw steel materials into fabricated steel components for use in construction, infrastructure and industrial projects

• Maya Recycling – proposing an advanced plastic recycling facility to process mixed plastic waste and convert it into higher value products.

The businesses have recently exchanged contracts securing land within the Parkes Precinct and will now progress through the required planning and approvals processes prior to land settlement.

It is expected that the businesses will be operational from 2029.

These latest investments signal the Parkes Precinct continued rise as a hub for employment, logistics and industry, adding to the momentum within the Precinct and its contribution to regional communities and lo­cal economies.

The Parkes Precinct is now home to 12 businesses, who are all working to contrib­ute to job creation and economic growth.

The Parkes Precinct land release drew strong interest from both national and inter­national businesses, seeking industrial land capable of supporting a diverse range of in­dustries.

This expansion of the Parkes Precinct represents a significant step toward unlock­ing new industry, investment, and employ­ment opportunities for the region.

For further information please visit: www.nsw.gov.au/regional-and-primary-indus­tries/regional-business-and-economy-nsw/special-activation-precincts/parkes-specialactivation-precinct