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MEDIA RELEASE - ACS NSW welcomes announcement of Tech Hub in Sydney

ACS NSW welcomes new global Tech precinct in Sydney

Sydney, October 23: ACS NSW Branch Chair Richard Baecher has welcomed the announcement by the NSW Government that a digital hub will be developed in White Bay.

“This is a great endorsement of digital growth in NSW and there is a chance here to develop a precinct that rivals Silicon Valley” said Mr Baecher.

“The future of the NSW economy lies in developing digital services and having a dedicated research and innovation hub can only be beneficial. We strongly support the development of NSW’s innovation capability and it is pleasing to see the Government behind this.”

“When combined with the world class Data Analytics Centre announced earlier in the year, NSW is fast becoming Australia’s leading digital economy.”

“There is still a great deal of work to do, and transport connections to the CBD will be a critical part of ensuring the precinct works. In addition to this, the Government needs to ensure that costs are well managed so start-ups and innovators are not priced out of the market.”

Proposals for the development of the precinct will be open until February next year.

-ENDS-

Further information

Thomas Shanahan, ACS, 0449 902 130

About the ACS

The ACS is the professional association for Australia's Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.