During the outstanding launch of the West of Melbourne Economic Development Alliance (WoMEDA) Werribee Report, Professor Peter Dawkins, Chief Economist Rodney Maddock, the Hon. Tim Pallas and key community leaders outlined the significance and possibilities of delivering a new ‘Satellite City’ in Werribee.
As Wyndham is already larger than Greater Geelong and is on track to exceed Bendigo and Ballarat combined, the population growth is forecasted to reach 500,000 by 2040. With these numbers rapidly increasing, Werribee has been identified as a logical location to develop the new satellite city.
The development of an employment precinct will assist and support the 85,000 additional jobs required to sustain a livable and vibrant community within Wyndham. With 70 per cent of these jobs likely to come from five key industries including health and social assistance, professional services, education, construction and accommodation and food services.
This will ensure local people will have the opportunity to work within the community they live in. Pre-COVID, 60 per cent of workers commuted out of the region every day for work and this figure will rise to almost 110,000 commuters from Wyndham by 2036.
Establishing a new satellite city in Werribee is a crucial key in improving economic growth and job development in the west. LeadWest is proud to support WoMEDA in their continued advocacy work on strengthening the vision and future for Melbourne’s west.
To watch the launch and view the full report, visit the WoMEDA Website.
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