Hitachi has joined the impressive list of companies jockeying to part of Australia’s biggest ever urban project.
The North Ryde based Japanese giant signed on with the NSW Government at a recent ceremony at Parliament House.
Premier Gladys Berejiklian joined senior Hitachi representatives including its President and CEO Toshiaki Higashihara at the ceremony.
Premier Gladys Berejiklian joined senior Hitachi representatives including its President and CEO Toshiaki Higashihara at the ceremony.
“Hitachi is one of the world’s largest companies operating across energy, construction, water and railway systems to defence, digital systems, healthcare technology and more,” Ms Berejiklian said.
“This MOU will see Hitachi throw its support behind the Western Sydney Airport Aerotropolis and follows its attendance at the NSW Government’s Aerotropolis Investor Forum in May and my trade visit to Japan last year.
“The Aerotropolis is a highly attractive investment opportunity and Hitachi is keen to participate.”
Minister for Western Sydney Stuart Ayres said getting Hitachi on board was another big coup for NSW which last month signed MOUs with two other Japanese giants, Mitsubishi Heavy Industries and the Sumitomo Mitsui Financial Group.
“Getting these big Japanese multinationals with their global networks is a major step in our efforts to help develop industry precincts around Western Sydney Airport,” Mr Ayres said.
“Japan is NSW’s second largest trading partner and invested over $219 billion in Australia last year,” he said
The Aerotropolis will be a bustling 10,000ha economic zone creating 200,000 jobs for the new world class Western Parkland City which is being developed in a joint effort between NSW, the Commonwealth and Local governments.
The MOUs follow an announcement in September that the University of Newcastle, University of NSW, University of Wollongong, and Western Sydney University would create a world-class higher education institution at the Aerotropolis.
Last year, global defence and aerospace company Northrop Grumman announced a $50M investment in an advanced defence electronics maintenance and sustainment centre at the Aerotropolis.
Hitachi, which had revenues of US$88.4bn last financial year, has a global workforce of 307,000 including 3600 in Australia where it has a range of businesses including its national headquarters at North Ryde.
