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ACS NSW welcomes new global tech precinct in Sydney

ACS NSW welcomes new global tech precinct in Sydney

Digital hub to be developed in White Bay, Glebe Island and Rozelle

ACS NSW welcomes new global tech precinct in Sydney

ACS NSW welcomes new global tech precinct in Sydney

The professional association for Australia's ICT sector, ACS, has welcomed the announcement by the NSW Government that a digital hub will be developed in White Bay, Glebe Island and Rozelle.

NSW premier, Mike Baird, recently revealed redevelopment plans for the country's first Silicon Valley-style tech hub, which will see the area around the White Bay Power Station transform into an innovation center.

ACS NSW branch chair, Richard Baecher, has welcomed the announcement of the development, saying that it is a great endorsement of digital growth in NSW, which also gives NSW a chance to develop a precinct that rivals Silicon Valley.

“The future of the NSW economy lies in developing digital services and having a dedicated research and innovation hub can only be beneficial. We strongly support the development of NSW’s innovation capability and it is pleasing to see the Government behind this.”

“When combined with the Data Analytics Centre announced earlier in the year, NSW is fast becoming Australia’s leading digital economy,” Baecher stated.

However, he indicated that there is still a great deal of work to do, and transport connections to the CBD will be a critical part of ensuring the precinct works.

“In addition to this, the Government needs to ensure that costs are well managed so start-ups and innovators are not priced out of the market,” he added.

The government, through UrbanGrowth NSW, has issued a request for proposals to select businesses that are able to deliver a “globally recognised transformation” of the White Bay Power Station and its surrounding area.

Proposals for the development of the precinct will be open until February next year.

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