Investing in Transform Peel

Target businesses

The Peel Business Park is zoned general industrial and therefore almost all business can locate there. Nonetheless, the Peel Business Park is positioned as a WA Agrifood Innovation Hub with the Shire of Murray’s Food Innovation Precinct Western Australia the centrepiece.

The types of business that would fit with the agri-food innovation vision include:

• Food manufacturers of all kinds
• Intensive food production, e.g. vertical farms, glasshouses
• Bio factories – businesses which produce food (and other products) from algae, enzymes, bacteria and fermentation
• Food researchers and institutions
• Food equipment manufacturers
• Start-ups that want to be a part of the ecosystem

Businesses and organisations that have confirmed their commitment to the Peel Business Park are Shire of Murray’s Food Innovation Precinct Western Australia, Department of Fire & Emergency Services – Bushfire Centre of Excellence, Westurn Engineering, and Bells Engines. As you can see, the firms that have chosen to take up land are general industry businesses.

Grants and incentives

There are a range of support mechanisms. Some general Government grants programs that have been open and are likely to have another round are:

• Regional Economic Development Grants
• Value Add Agribusiness Investment Attraction Fund
• Innovation vouchers – yet to be announced

Investment and planning resources

The following reports and resources may be useful in preparing investment scenarios:

Nambeelup Industrial Area District Plan

Transform Peel Workforce Skills Analysis Report – Factsheet

Transform Peel Workforce Skills Analysis Report – Summary

Transform Peel Workforce Skills Analysis Report – Full report

Peel Agri Food Study – Full report

Target Market Opportunities Report (2016)

https://www.agric.wa.gov.au/sites/gateway/files/coriolis_dafwa_TMO.pdf

The Target Market Opportunities report identified 20 high growth, high value premium opportunities at the intersection between what Asian consumers want and what Western Australia can produce. These opportunities range from existing products targeted at new and emerging markets, to all new products. All identified opportunities share a common thread; they all have large and growing demand from emerging consumers across Asia and/or the Middle East. In addition to the top 20, a great set of “just missed the cut” products also present great opportunities. According to the research, these opportunities have the potential to deliver an estimated $1.3b per year in incremental, new export revenue to Western Australia in the next five to seven years.

Plus 20 detailed reports on high growth, high value premium opportunities at the intersection between what Asian consumers want and what Western Australia can produce. To access the reports, click on the products listed below;