This project is focused on driving the agenda for jobs and economic growth by advocating for a highly competitive, productive and innovative Ballarat West Employment Zone (BWEZ). The BWEZ is critical to drive sustainable employment and economic growth in the region. It will target industry sectors that have the potential to address the $1.9 billion of 'escape' expenditure annually in Ballarat. It is also strategically located to host major commercial hubs that service the entire state to address freight costs that are already a major barrier for business attraction and investment.
For news and updates on our current work on this project, please see our latest news section
Chair: Janet Dore (Chair Committee for Ballarat). Members: Jeremy Cowan (Mars Chocolate), Bill Gitsham (UGL), Nick Grylewicz (Integra), Ewen Nevett/ Michael McCarthy (VicRoads – ‘observer’), Ron Selkirk (Appleseed Consulting), David Wright (Colliers International), Melanie Robertson (CEO Committee for Ballarat), Committee for Ballarat Secretariat Support Major Partners/Stakeholders: City of Ballarat, Major Projects Victoria, VicRoads.
This precinct will provide for world-class R&D and business innovation that will generate $215 million in investment, create 900 jobs and deliver $89 million in estimated value-add (Source: Essential Economics BWEZ Economic Assessment).
Ballarat aspires to be a world leader in a bio–economy based future through the development of a bio-economy industry cluster consisting of academic, industry and non-government organisations working in collaboration. It will drive Ballarat’s competitive advantage in bio-resources to position Victoria and Australia as the knowledge centre and leader in the bio-economy space and increase our global competitiveness.
Within 10 years this precinct will create the next generation of high-value, high-skill jobs for the future, and generate at least $215 million in new investment in helping transform the economy of Victoria. This includes support for facilities that will drive innovation and world-class R&D capability in the Ballarat region, foster sustainable solutions for our growing regional population and contribute to the diversity of our industry sector.
The Bio-Economy Innovation Centre and R&D facility will support the development of an emerging industry to support the transition of the Ballarat economy to one of advanced manufacturing.