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Industrial growth expected



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7*~**n, DEPARTMENT T .V T O F THE

u . : L I C APITAL TERRITORY

Construction work worth $1 2m should flow from negotiations for

industrial and· tourist development leases handled during 1977, Mr Peter

O'Clery, the Director of the Industry Development C-roup in the .

Department of the Capital T e r r i t o r y .said today.

Some 50 leases over 23 hectares of industrial land had teen approved

during the,, year. Businessmen expected that - this should create a total

of 500 jobs in addition to building e m p l oyment. . .

1 977 saw a grouping of nexv industries in three localities. In the Hume

industrial area near Tuggeranong, 5 firms involved in the treatment and

remanufacture of timber are forming a timber complex near the DCT's

Forest Branch's storage yard. .

At Fyshwick, the growth of a food processing area is continuing with

the establishment of 6 food warehousing, processing and distributing

facilities near the markets. '

X

At Mitchell, the new industrial area serving the north c; Canberra, some

of the city's largest automotive companies r e g i o n a l , wholesale and

• distribution operators and manufacturers are talcing large areas.

The applications to the industry development group when ft was formed in

1976 initially came from local operators involved in service activities.

1977 saw new and wide ranging projects by local businessmen as well as

out-of-town approaches. .

There was also strong interest in developing tourist recreational

facilities for the 2^m visitors who come to Canberra each year. This

trend is expected to continue in 1978.

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