WA looks east to solve mining property problems

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Executives from WA Landcorp flew to Melbourne and Sydney last week in the hope of encouraging property heavyweights to develop industrial land in mining communities.

According to The Australian Government officials are attempting to get eastern developers involved in solving the property shortage in remote WA.

Like skyrocketing residential house prices, industrial land has also reached unsustainable levels in some WA mining communities.

Landcorp general manager industrial property John Hackett told The Australian problems were particularly evident in Port Hedland, Newman, Karratha, and several other regional towns.

"For us this trip is all about trying to raise awareness of the opportunities that are presented in the Pilbara," he said.

Hackett said industrial land was needed to support the expanding iron ore industry in Port Hedland and to service natural gas and mining operations in Karratha.

He said the Government did not have the funds to develop all of the land in these communities and needed private investors to take part.

He also said the Government was planning on releasing more land to help fuel property development.

The move follows BHP Billiton’s announcement that it would help develop commercial land in Port Hedland to support the town’s continued growth.

The plans form part of BHP’s wider push to increase its FIFO accommodation outside Port Hedland to support the Outer Harbour Development.

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