Today (Friday 26 August 2011) Investa Property Group (“Investa”) combined forces with Mayor of Ipswich, Paul Pisasale and global construction materials group Holcim, to announce a new industrial project set to inject more than $100 million into the region and deliver hundreds of new jobs.
While A$75 million will be invested to develop a new manufacturing facility, bringing employment and an economic boost to the Ipswich region, the announcement also triggers an additional investment of over A$25 million to commence Stage 1 of the 500-hectare Swanbank Enterprise Park, which is being developed by Australian property group, Investa.
Following an approvals process with Ipswich City Council, construction of Holicm’s new plant is expected to start in early 2012 and would deliver around 200 jobs during construction and at least 130 to 140 jobs once fully operational.
General Manager Investa Land Queensland, Bruce Harper, said today’s announcement was a significant deal for the industrial precinct and for the Ipswich region.
“To attract the interest of one of the world’s largest and most respected construction materials companies is a coup, and firmly puts Swanbank Enterprise Park on the map as a prime industrial and manufacturing precinct serving a rapidly expanding region,” Mr Harper said.
He said Investa had purchased the Swanbank site in 2006 and had worked closely with Ipswich City Council to put into place a master plan approval and infrastructure agreements that would expedite the planning and approval processes for users.
“That intensive planning work is reaping rewards, as evidenced by the Holcim announcement and supported by discussions we are currently having with a range of other companies that have expressed interest in the site and its access and location benefits,” he said.
Mr Harper said Swanbank Enterprise Park comprised 260 hectares of General Industry land, 40 hectares of Business Park land and 200 hectares of buffer, and site works had commenced in February this year.
Ipswich Mayor, Paul Pisasale, hailed the announcement as another win for the Ipswich region, which had been battered by natural disasters early in 2011.
“We are fast getting back on our feet with the community absolutely committed to coming back stronger than ever and there is no greater confidence booster than having large companies such as Investa and Holcim supporting the region through multi-million dollar investment and jobs,” Mayor Pisasale said.
Holcim Australia CEO Mark Campbell said the Ipswich plant was an important next step in Holcim’s investment program in Australia and would deliver significant benefits to the township of Ipswich.
“This new plant will lift our production capacity in the competitive SEQ market and will ensure that increasingly high concrete manufacturing standards are met.
“We are very pleased with our new location at Swanbank Park, and are looking forward to a long term partnership with the local community and Ipswich Council, led by Mayor Pisasale.”