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Sydney Business Chamber responds to the State Budget

Release Date: 17/06/2014

Sydney Business Chamber applauds State Budget
The Sydney Business Chamber has applauded the NSW Government for its massive investment in new transport and infrastructure projects that will enable Sydney to improve business efficiency. 
“This budget recognises that congestion is placing a $5 billion handbrake on Sydney’s productivity and that strong investment in new transport infrastructure is vital in realising NSW’s economic potential,” said Patricia Forsythe, Executive Director of the Sydney Business Chamber.
“Commuters will benefit by the Government’s commitments to upgrade Wynyard Station, CBD and South East light rail and the North West rail link.
“Continued investment in road and heavy rail infrastructure will help get business moving with faster freight movement to our key centres of economic activity through NorthConnex, WestConnex, and Northern Freight line.
“Tourism infrastructure for the city is also set to benefit with the continued investment in the overhaul of the Sydney International Convention, Entertainment and Exhibition Centre.
“The Sydney Business Chamber’s bid to host the next World Chambers Congress in 2017 at the Convention Centre is now one step closer.
“The $58 million allocated by the Government to attract major events to NSW will help ensure that Sydney does not lose out to international and interstate competitors.
The Western Sydney Director of the Sydney Business Chamber, David Borger, welcomed the Government’s $400 million dollar investment in light rail for Parramatta.
“Light rail is a game changer for Parramatta, helping to attract more foot traffic to the CBD”, Mr Borger said.
“The Government’s $1.4 billion investment to develop the Western Sydney road network and new roads to support a second airport at Badgerys Creek will ensure proper access to the airport is available from day one. 
“Upgrades to Parramatta Park and the Government’s commitment to develop a Western Sydney tourism and conference strategy will also assist in attracting more visitors”.
Media contact: Patricia Forsythe 0418 165 466 or David Borger 0408 239 262

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