Strategic Industrial Areas (SIAs)
Western Australia’s Strategic Industrial Areas (SIAs) have been designed for investment in downstream processing. The SIAs have been selected for their proximity to large resource projects and the industrial infrastructure required for the rapid development of strategic industrial activities.
In North-Western Australia the SIAs are ideally linked to the region’s ports, offering a range of opportunities for Austral-Indus consortiums to bilaterally develop the infrastructure and facilities required for the food and/or value-add processing, storage, and logistics associated with the ECTA Agribusiness Value Chain.
The close proximity of the SIAs to North-Western Australia’s agri-production areas, affords easy access to:
- Direct bargaining with grower representative groups around the supply of grain, legume, fruit, vegetable, and specialty, TGA-approved crops.
- Research and development into crop diversification, emerging agritech paradigms, and the associated Intellectual Property Management programs; and
- The establishment of the appropriate Australian certification and SDG/ESG compliances.
The development of one or more SIA Agrihub(s) in North-Western Australia, also means that should any local product shortfalls initially occur as North-Western Australia’s farmers and growers develop and ramp-up their ECTA-related crop production, the North-West’s position within the Indian Ocean offers the Austral-Indus Consortiums an ideal set of port locations wherein India and Australia, utilising existing free trade agreements with their neighbouring Indo-Pacific states, and working together under the Indo-Pacific Economic Framework for Prosperity Agreement (IPEF), could import whatever commodities were required to make-up for the said shortfalls.