The City of Ballarat acknowledges the State Government's support of BWEZ through the Planning for Change fund.
The Ballarat West Employment Zone (BWEZ) is the biggest investment development project in the region and is unique in regional Victoria in terms of the scale of economic land development.
The Ballarat West Employment Zone is expected to create up to 9000 jobs and inject $5 billion per annum into the Ballarat economy.
BWEZ is the region’s engine room for jobs and economic growth over the next 20 years, and is designed to support business innovation and business productivity.
It is a staged development of 438 hectares of land adjacent to the Ballarat Airport as a high-quality industrial estate for a range of manufacturing, agribusiness, construction, freight and logistics, and research and development uses. It will include large lots, a freight hub, access for high-productivity freight vehicles and top-quality infrastructure.
The City of Ballarat has been working on BWEZ for five years in partnership with Regional Development Victoria and Major Projects Victoria. It is part of the City of Ballarat’s exciting plans to develop the Ballarat economy to meet the employment and service needs of the city’s growing population.
The project budget for BWEZ Stage 1 is $30.169 million. Regional Development Victoria has allocated $25.169 million and the City of Ballarat has delivered $5 million.
The BWEZ Stage 1 land release of up to 60.1 hectares in late 2014 received strong interest from the market and negotiations are continuing with other respondents.
A Cultural Heritage Management Plan and Subdivision Permit for Stage 1 were approved in July and August 2015.
Bio Economy Innovation/ Research and Development Centre– will secure Ballarat’s role in high value manufacturing, research and development. It will support industry transition and innovation, and will support companies to refine and develop technologies in the industrial Bio Economy space.
Waste to Energy Plant– will reduce energy costs to ensure a more cost-competitive environment for businesses and a sustainable solution to the region’s waste.