
SYDNEY

ECONOMIC FUNCTIONS
In the decade before the pandemic, the city's gross regional product (GRP) increased by 65.2%, the number of local jobs grew by 28.5% to around 519,000, and the number of businesses rose by 23.9% to more than 24,000. This success was built on our comparative advantages in many key areas.-GREEN ECONOMY
-NIGHT TIME ECONOMY
-TECH STARTUBS
-INTERNATIONAL EDUCATION
-RETAIL
-TOURISM
BUSINESS CENTRE
Sydney monitoring of business parks recognizes the growing importance of these locations for job growth and the evolution of some industrial areas towards higher density employment areas. These often combine a mix of manufacturing, logistics, warehousing, research and development and office uses. They also often include retail and service functions. Business Parks are generally purpose built and located away from traditional commercial centers
SMART CITY:
In 2020, the City of Sydney released a Smart City Strategic Framework to harness the opportunities brought about by digital disruption, to plan for uncertainty and to sustain a global reputation as a leading place to live, work, learn and visit.They did all of that because they wanted Sydney to continue being one of the most innovative and liveable cities in the world.
SMART STREETLIGHTS
Ausgrid, along with the Southern Sydney Regional Organisation of Councils (SSROC) and up to 33 local councils are set to partner to deliver what could be the largest and most advanced smart street lighting upgrade in Australia. The partnership deal could see more than 92,000 streetlights upgraded with energy efficient LEDs and smart controls over the next three years. The majority of the lights to be upgraded are on main roads across metro Sydney, the Central Coast and the Hunter with 25 councils having already agreed to the deal.