Parramatta: the future of business starts here
At the heart of Greater Sydney, Global Parramatta is one of Australia’s fastest growing economic powerhouses. Billions in infrastructure are transforming Parramatta, and its diverse, skilled, rapidly-growing population is ready to drive your business forward. Now’s the time to invest where the momentum is.
Western Sydney Special Report
Parramatta: where innovation meets transformation
City of Parramatta partnered with the Australian Financial Review on a Western Sydney special report highlighting the vital issues that will help shape Western Sydney for the coming generations.
By 2036 over half of Sydney’s population will live west of Parramatta. To support this rapid growth a record $20 billion of public funding has been committed to create an integrated city flourishing with industries such as aerospace and defense, food and agribusiness, advanced manufacturing, logistics, health, education and tourism.
Improved critical public infrastructure will deliver education opportunities and highly skilled jobs for the future, will enable business growth and directly link Western Sydney to the world.
At the geographic centre of Sydney, Parramatta has the third largest economy in Australia and is shaping up to be the biggest growth story among Australian metropolitan precincts. By 2050, Parramatta’s 185,000 strong workforce is expected to increase by another 150,000 and the number of people who call our City home will almost double. Add to that the centres of excellence in education, health and innovation, sports and entertainment, art and culture, night-time economy – the foundations are all here in Parramatta for a compelling economic and cultural transformation.
The time is now for your business to plan its growth strategy and take advantage of the rapid transformation and unique investment opportunity.
Parramatta 2050: the world’s next global city.
Our vision, powered by people, built for the world.
From a vibrant cultural heart to a powerhouse of business, education, and sustainability – Parramatta is redefining what it means to be a global city. Discover our ambitions for 2050:
- World-leading in partnerships with Dharug and other First Nations People to achieve aspirations for Country and communities.
- The centre of Greater Sydney’s transport network with a comprehensive East-West Metro link and North-South high speed rail link.
- A critical central interchange point for the new Western Sydney International Airport, opening 2026.
- An epicentre of culture and creativity, with the reimagining of Riverside Theatres and the State’s largest museum in Powerhouse Parramatta.
- Western Sydney’s Job Engine, creating 150,000 new jobs for a diverse and talented workforce.
- A startup, engineering and innovation hub with opportunities for cross-functional collaboration amongst students, educators, professionals and researchers.
- A home of festivals, sports and entertainment and premier Australian destination for international events 365 days a year.
- An unrivalled river city with a continuous green corridor between Lake Parramatta and Sydney Olympic Park.
- Asia-Pacific’s Centre for Research and Education, making Parramatta the most globally connected university city in the nation.
Photo credit: Sara Vita Photography
Invest in Parramatta: why businesses choose our Global City
We interviewed businesses from a range of industries to discover why they chose Parramatta and what growth opportunities Parramatta offers them.
Parramatta Business Insights
Download our Parramatta Insights brochure to get the latest economic indicators, updates on our city-shaping projects, case studies, and more.
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