Development of the PSEEI will focus on broadening and diversifying the commercial and business sectors of the region and increasing economic expansion, market base and international competitiveness of the Peel�s agribusiness sector.
The three projects that comprise the PSEEI are the Peel Business Park Nambeelup, the Peel Water Initiative and the Peel Food Zone.
Each project serves as a catalyst for the transformation of the Peel region as a whole, especially in the industrial and food-related sector, as well as enhancing the region�s strategic significance with regard to its overall economic output, productivity, employment and exports.
With financial input from both government and the private sector, the PSEEI will help meet the strategic imperatives necessary to ensure the continued development and success of WA.
With an expected population growth of a further 250,000 people in the Peel region over the next 30 years, according to the Perth&Peel @ 3.5 Million report recently released by the WA Planning Commission, it is estimated as many as 80,000 jobs will be needed in the region to maintain a high employment self-sufficiency rate.
The three projects that make up the PSEEI are expected to deliver about 30,000 new jobs by 2050, of which an estimated 7500 will be strategic � high-level and export-based.
The Peel Development Commission is finalising the business cases for the three projects for submission to the State Government in September for consideration for funding.