Hon Martin Aldridge asks about the methodology for allocating $500 million in funding for strategic industrial areas, specifically requesting details on the $125 million allocated to Kwinana and Rockingham. The Minister responds that allocations are based on project activation priorities and the $125m will be used for land purchase at Latitude 32.

AnsweredQoN 530Legislative Council
Asked
16 May 2024
Portfolio
State and Industry Development, Jobs and Trade

QuestionView source ↗

STATE BUDGET 2024–25
— STRATEGIC INDUSTRIAL AREAS
530. Hon MARTIN ALDRIDGE to the minister representing the
Minister for State and Industry Development, Jobs and Trade:
I
refer to the minister's media release today titled ''$500 million
fund to unlock industrial areas and create future jobs ''.
(1) Can the
minister please detail the methodology being used to determine the funding
allocation for each strategic industrial area?
(2) Can the
minister please provide a breakdown of how the $125 million announced for the
Kwinana and Rockingham strategic industrial areas will be utilised?
The question was submitted on 9
May.

AnswerView source ↗

I thank the honourable member for
some notice of the question. I provide the following answer as the minister
representing the Minister for State and Industry Development, Jobs and Trade.
(1) Funding
allocations will be made in accordance with the activation priorities
identified by industrial project proponents that have either committed to be or
are prospective occupants of strategic industrial areas, and the anticipated
time frames of those activations.
(2) The $125 million
will be utilised for the purchase of land at Latitude 32.

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