Canning Vale Food Value Add Precinct
The City of Canning engaged the Bankwest Curtin Economics Centre (BCEC) to assess the economic case and potential opportunities of a food value add precinct in the Canning Vale industrial area. This project sought to assess the economic feasibility of the precinct and recommend viable steps for its implementation, using a Smart Specialisation approach.
The research found that Canning Vale is well positioned to develop a food value add precinct; it has most of the main infrastructure that would enable business to locate in the area but also the industrial capabilities that would foster the development of food value add related activities.
The research also found that if implemented correctly, the precinct could bring more than $135 million in GVA and up to 680 new workers to the area by 2033.