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The largest industrial estate in one mining region has now been opened, regional development and lands minister, Brendon Grylls, announced last week.
The Pilbara’s newest industrial estate, Gap Ridge, in the Karratha region, is set to be a crucial support to the resources sector for $143 billion of resource projects either committed or currently under consideration.
“This State is welcoming 1,000 new residents every week and many of these people are seeking work in the North-West. It is critical we prepare for this projected population growth,” Mr Grylls said.
Centres like Gap Ridge will continue to be developed under the Pilbara Cities initiative with industrial land given where necessary.
“At a total 260ha, it will ultimately become one of Western Australia’s major regional industrial estates.
“This estate represents the single largest stage of construction ever undertaken by LandCorp - more than 160ha of new industrial land has already been made available.”
Thirty-two companies have already purchased land at the estate, with 60,000sqm to be built over the next two years.
An estate refers to the assets a person owns at death that could be used to pay their debts, including all personal property, real property and other liquid assets.
An estate is the value of an individual’s net worth including assets, properties, financial securities and other valuable assets.