article Construction firm Campbell Construction has been awarded a $10 billion investment from the state government to improve the regional economy.
The investment will allow Campbell to build on existing infrastructure, expand the regional employment base and develop a new regional hotel and other facilities in the area.
In return for the investment, the state Government will guarantee $500 million for the construction of the Campbell River Rail Station, and $250 million for other infrastructure projects.
The company’s CEO, Steve Watson, said the new investment was a welcome step in building a stronger Perth.
“It’s going to create a lot of jobs in Perth, and will bring the growth that we’re looking for to Perth,” Mr Watson said.
“There’s a lot more of the jobs that will come from this investment.”
The $10bn investment is in addition to the $2.5 billion that Campbell has already received from the Federal Government.
Mr Watson said Campbell would use the money to build a $3.8 billion train station, train tunnels and other infrastructure, including a new bus terminal.
“We’re building these new trains for Perth, so it’s a good thing we’re investing in these lines,” Mr Wade said.
Mr Wade said Campbell was committed to investing in its operations and the region, including improving its business in Perth.
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