Hunter Economic Zone
The Hunter Economic Zone (HEZ) is Australia's largest contiguous business estate (3,200ha) and is located in the greater Newcastle area. HEZ has 900 ha of zoned developable land and 2,300 ha of surrounding bushland for conservation and recreation uses, providing a buffer for 24/7 industrial operation.
The HEZ project will see the development of in excess of $3.5 billion of industrial and commercial property in the Hunter Region. The joint venture management company will manage HEZ for the life of the project, estimated to be 15 years. When fully developed HEZ is expected to employ over 26,000 people, turnover approximately $3.2 billion annually and contribute $1.1 billion annually through wages and salaries. Completed building space will exceed 4,000,000sqm.
Link to HEZ Website: www.hez.com.au