The Parkes Special Activation Precinct is set for a major economic boost, with three companies planning to establish operations in the precinct in a move expected to generate $65 million in private investment and more than 100 new permanent jobs for the region.
A further 100 jobs will be created during the construction and establishment phase, in what is expected to be one of the largest and most significant local investments in many years.
Attracting these businesses to the Parkes Precinct is part of the Minns Government's plan to grow regional economies and create new local high value jobs across regional NSW.
The three businesses are:
- Soul Origin - proposing a cold storage, warehousing and distribution centre
- Ecotech Enviro - proposing operations that will process raw steel materials into fabricated steel components for use in construction, infrastructure and industrial projects
- Maya Recycling - proposing an advanced plastic recycling facility to process mixed plastic waste and convert it into higher value products.
The businesses have recently exchanged contracts securing land within the Parkes Precinct and will now progress through the required planning and approvals processes prior to land settlement.
It is expected that the businesses will be operational from 2029.
These latest investments signal the Parkes Precinct continued rise as a hub for employment, logistics and industry, adding to the momentum within the Precinct and its contribution to regional communities and local economies.
The Parkes Precinct is now home to 12 businesses, who are all working to contribute to job creation and economic growth.
The Parkes Precinct land release drew strong interest from both national and international businesses, seeking industrial land capable of supporting a diverse range of industries.
This expansion of the Parkes Precinct represents a significant step toward unlocking new industry, investment, and employment opportunities for the region.
For further information please visit: Parkes Special Activation Precinct
Minister for Regional NSW, Tara Moriarty said:
"This marks an important step forward for the Parkes Precinct. This investment will continue to help attract new industries, create jobs and strengthen economic opportunities for the region.
"The strong response to the latest land release shows that industry has real confidence in the future of the Parkes Precinct. These developments will help unlock new investment and deliver lasting benefits for the community.
"From cold storage to recycling and resource recovery, the businesses joining the Precinct reflect the diverse and sustainable industries we want to see growing in this region.
Soul Origin Australia representative said:
"As Soul Origin continues to scale nationally across both retail and manufacturing, we are investing significantly into infrastructure, innovation, and supply chain capability to support the next phase of growth across Australia and New Zealand.
"Central locations such as Parkes represents an exciting opportunity due to its strategic location, logistics connectivity, and future scalability, making it a compelling location to support future operational expansion as the business continues to evolve."
Ecotech Enviro, General Manager, Alex Soukie said:
"Parkes has emerged as a key location of interest due to its connectivity, infrastructure investment, and alignment with our long-term development objectives.
"We believe our investment will support the economic growth of the region through job creation, local procurement, and long-term operational presence.
"Ecotech Enviro will produce fabricated steel components, structural steel assemblies, truck bodies, and custom steel products for use in construction, infrastructure, and industrial projects. The finished products will be supplied to construction and infrastructure projects across NSW and regional areas.
Maya Recycling, Director, Vishal Patel said:
"A key driver for Maya Recycling investment in Parkes is the precinct's strategic location, strong infrastructure, and streamlined planning framework, which provide a solid foundation for delivering large-scale circular economy projects.
"Maya Recycling is committed to employment and workforce development, prioritising hiring from the Central West. Our support for local suppliers and contractors during construction and operation will contribute to regional economic growth."
