With its close proximity and economic links to key export markets in Asia, as well as sharing a similar time zone with 60per cent of the world’s population, WA is an attractive destination for doing business.
China, Japan and South Korea are our largest exporting partners, accounting for almost 75 per cent of WA’s exports. As illustrated in the Infrastructure Map, WA has a well-established and maintained network of road, rail, LNG pipelines, airports and ports available for investors to access.
WA’s mining and energy industry operates in some of the harshest and most remote conditions in the world. Access to these networks, in addition to a strong supportive service sector, is imperative to the success of WA’s mineral and petroleum industries.
WA accounts for more than 25 per cent of the $90 billion Australian Mining Equipment and Technology Support (METS) services industry. The oil and gas developments in the State are also supported by a diverse related services sector of more than 350 international companies. In turn, this has attracted global finance, business, legal, aviation, software, and transport and logistics firms.
Perth has the largest concentration of global resources companies in Australia including BHP Billiton, Rio Tinto, South32, Chevron, ConocoPhillips, Woodside Petroleum, Inpex, Newmont Mining and Barrick Gold, all of which provide excellent collaborative prospects and access to global supply chains.
Australian resource companies typically choose to list through the Australian Stock Exchange’s (ASX) Perth office, with 80 per cent of WA-based listings in the materials and energy industry sectors.
Mining Equipment and Technology brochure available through Austrade.