The industrial park will provide the environment for new companies and industries to grow and development providing economic and social benefits to the region.
Connecting a new port to a ‘Plug and Play’ industrial park that provides all the utilities, access to supply chains, fast tracked approvals and modern employment facilities, will incentivise investment and growth.
Improvements in supply chains will allow the critical ability to increase scale giving greater international cost competitiveness.
For companies that rely on sea transport, the situation couldn’t be better. The new port will be accommodating three sectors:
- container transfer companies;
- resource and agricultural industries; and
- distribution companies.
These sectors will the ones needing space to grow urgently in years to come and stand to benefit the most from the new port.
But setting up in the new port and the industrial area should not be without limits. There should be strict requirements for the new businesses to meet. For example, businesses must demonstrate a respect for the environment and support social initiatives. Companies should not only be selected on the basis of financial considerations, but also environmental and social aspects such as air pollution, noise and community connection.