Major private investors will be eyeing western Sydney with renewed interest after a multi-billion dollar plan to support the growing region was unveiled.
The Western Sydney City Deal was officially announced by Prime Minister Malcolm Turnbull, NSW Premier Gladys Berejiklian and eight local council mayors at Werrington on Sunday morning.
Western Sydney, with a present population of about two million people, is expected to add another million people by the early 2030s.
Transport woes plague the region, due to a lack of connectivity on train lines and congested roads.
To ease the pressure federal and NSW governments have committed to fund the North-South rail link, from St Marys to Badgerys Creek via the new airport, 50-50.
The as-yet-to-be built Western Sydney Airport is at the heart of the plan, Mr Turnbull said, adding it would be the catalyst for 200,000 new jobs which are sorely needed in the region.
The City Deal will also deliver a research and manufacturing hub known as the aerotropolis, an investment attraction office to drum up business interest in the region, a more efficient planning regime, a $150 million livability program to deliver community facilities, education facilities for the aerotropolis and embedded digital technology in the city.
Many of the projects in the livability program will begin immediately, local councils said.
