Just another reason to get excited about the direction that Western Australia is taking to encourage industry.
The Kwinana Strategic Area has just about all that these industrial giants require ie major port facilities, purpose built estate, major population centre for workforce, guaranteed water supply from desalination plant, easy access to Asia and Africa, located in the same state where much of their resources are extracted, security, stable political scene.
There would be many more that I have missed but that is a good start.
What should be encouraging for CCE, is that they are in a business that has direct relevance to the industrial hubs that are being created throughout the state.
Let's see what happens with the Mungari and Kemerton Strategic Industrial Areas first. I would not be surprised if that extends to Kwinana as well given that our company is based in Perth and has just built a microgrid on Garden Island only a few kilometres away.
CCE Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
