- Strategic Industries Fund (SIF) doubled to $1 billion in 2025-26 State Budget
- Major election commitment to help implement Made in WA
- Fund to support Advanced Manufacturing and Technology Hub in Picton
- Kemerton and Kwinana Strategic Industrial Areas to receive support for road upgrades through SIF
The Cook Labor Government will secure Western Australia's economic future by doubling its Strategic Industries Fund to $1 billion - delivering a major election commitment as part of its plan for a future Made in WA.
Funded in the 2025-26 State Budget, the $1 billion Strategic Industries Fund will deliver common-user infrastructure at Strategic Industrial Areas (SIAs) throughout Western Australia.
WA's SIAs - which are located at the Pilbara, Mid West, Goldfields, South West and Western Trade Coast - are set to become home to several clean energy and major industrial projects in the coming years, securing WA nation-leading economy.
The fund will support developments at several key sites, including the South West Advanced Manufacturing and Technology Hub in Picton, which will become home to one of Western Power's two poles and wires manufacturing facilities.
Initial investments will also be made from the SIF to support road upgrades at Kemerton SIA and Kwinana SIA.
A detailed plan for additional investments from the SIF is under development and will be released by the Premier later this year.
The SIF's doubling complements several additional election commitments delivered in the Budget.
These include support for new energies industries through the Investment Attraction Fund and top ups for the New Industries Fund and the Collie Industrial Transition Fund in support of the town's Just Transition.
For more information, visit https://www.ourstatebudget.wa.gov.au
As stated by Premier Roger Cook:
"To keep Western Australia's economy the strongest in the nation, I want WA to become the best place in the world to do business.
"This means becoming a global leader in investment attraction, industry facilitation and regulation.
"Our $1 billion Strategic Industries Fund is about getting our most important industrial areas investment ready, attracting more projects and delivering more jobs in an increasingly competitive global environment."
As stated by Deputy Premier and Treasurer Rita Saffioti:
"With a state as big as Western Australia and so rich in resources, economic infrastructure is the key to unlocking new developments.
"These precincts will be the generator of future jobs for Western Australians across a range of industries, such as green iron, new energies, defence and downstream processing.
"It's all part of our government's plan for WA to remain the economic powerhouse of the nation, while bolstering our efforts to diversify our economy and keep creating local jobs."
As stated by Planning and Lands Minister John Carey:
"The clean energy transition and Western Australia's nation-leading economy means demand for industrial land remains high.
"This significant investment demonstrates how our government is doing everything it can to secure the State's future pipeline of industrial land."
