Australian tech companies and industries stakeholders will work with the NSW Government to design a new technology and innovation precinct based in Sydney.

The NSW Government unveiled the plan yesterday, which has the support the backing of Atlassian.

Located between Central to Eveleigh, the precinct is expected to create 10,000 new jobs by 2036.

A NSW Government taskforce, headed by Jobs for NSW chair David Thodey, will be created to lead design and development of the new technology and innovation precinct. Atlassian,  co-working space Fishburners, and industry body Tech Sydney, will work with the NSW Government to co-create the precinct.

The project will also have input from educational institutions. Representatives from University of Technology Sydney, University of Sydney and Sydney Business Chamber will join the taskforce, as well as industry experts from a wide range of Australian start-ups.

“This will cement Sydney as the technology capital of Australia and create more secure jobs. Central to Eveleigh is already home to Australia’s largest cluster of start-up firms. We want to use that as a base to grow new jobs and new businesses,” said Gladys Berejiklian, NSW Premier.

Atlassian Co-Founder and co-CEO Scott Farquhar said Sydney has the potential to be of one of the world’s leading tech cities.

“If you look at every successful innovation hub in the world, from Silicon Valley to Tel Aviv, they all have a centre of gravity – a place the start-up community calls home,” Farquhar said.

“I’m delighted that now our tech community will have the same opportunity to point to a map and call it home.”

Minister for Trade and Industry Niall Blair said this was not just about a location but about creating a shared vision for the growth of NSW’s tech sector over the next 30 years.

“We know that government can’t do that alone and we need to work with the firms that are driving innovation today, and those that will be delivering the opportunities of tomorrow,” Mr Blair said.

“The Central to Eveleigh area is uniquely placed as an innovation precinct and is ideal for technology firms to attract and retain Australian and international talent.

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