The Western Australian Government will invest $148.4 million in 40 innovative, job-creating projects, including advanced manufacturing, across the state through the Investment Attraction Fund.
The 40 chosen recipients will share in the grant fund, 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; and tourism, events and creative industries.
The funding boost supports a wide range of initiatives across the State, such as the construction of a renewable diesel biorefinery in Narrogin, the development of a pilot plant to produce high-purity alumina for high-tech battery cells, and the advanced manufacturing of medical biosensors to prevent complications during childbirth.
Premier Roger Cook made the news today at Pacific Energy’s Perth factory, saying the company will receive more than $2.4 million to enhance its ability to produce renewable energy Stand-alone Power Systems.
In particular, the expansion will enable the company to more than double the number of Stand-alone Power Systems it produces each month, creating more than 40 local jobs and assisting in the transition of regional and rural areas to a cleaner, more reliable, and affordable energy future.
“My Government is committed to securing the State’s economic prosperity now, and for generations of Western Australians to come,” Cook stated.
Cook stated that the government is using Western Australia’s economic advantages and embracing new, cutting-edge sectors to put the state in the lead during the global energy transition.
“We’re backing local companies to manufacture here in WA, to value-add, and to take on the world in developing high-tech products for the future,” the premier remarked.
He added, “I’m proud to lead a Government focused on the future – and making sure jobs and the economy remain strong.”
While 19 of the 40 successful programs are in Perth, more than half are in regional Western Australia or operate on a state-wide scale.
More than 200 applications for grant support were received through a stringent two-stage application and review process for the Investment Attraction Fund.
For more information and a full list of recipients, you may visit this site.