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A strong economy

A strong economy

Vision: In 2056, the transport system powers NSW’s $1.3 trillion economy and enables economic activity across the State. 

Over the short term, the transport system will play a key role in NSW’s economic recovery, by supporting mobility and job creation through its operations and infrastructure investments, and ensuring the efficient movement of freight and goods. 

Transport plays a key role in supporting new economic and social opportunities, including supporting the development of the Western Parkland City, the Aerotropolis and surrounding employment lands, and connecting the regions of NSW to key corridors and growth areas. 

Transport data provides vital insights to drive decision making and the provision of services by the private sector. The data is a valuable asset that can support innovation and stimulate economic activity. 

By 2056, increased automation, freelancing, ‘virtualisation’ and a strong services economy will enable a vibrant, modern economy that creates and supports new industries and jobs. Economic productivity will grow, as the transport network moves people more efficiently to job centres and provides companies with access to the right workers, skills and customers. 

Technology will enable productivity-enhancing flexibility in the way people work and the times of day they travel. Better digital connectivity, emerging technology trends, such as augmented and virtual reality, and the growth of the service and digital economy, will help create a future of work that is ‘anytime, anywhere’ for even more people. Recent experiences during the COVID-19 pandemic, where many people were required to work from home for extended periods of time, has demonstrated how effective technology can be in changing how we work and in what circumstances we choose to travel.

Technology, such as robotics and automation, will transform existing industries and drive new ones – with the World Economic Forum predicting that some 65 per cent of children entering primary school today will hold jobs in the future that do not yet exist. 

First- and last-mile freight will be transformed by technology delivering efficiencies in logistics and small parcel movements, incorporating innovative direct-to-consumer deliveries and supporting ‘freight as a service’, micro-freight delivery models and supply chain resilience. Advances in automated manufacturing relating to drones and 3D printing also have the potential to impact supply chains.

At the same time, today’s substantial freight task will continue to expand. Our primary industries and mining industry will continue to grow, strengthening links to global export markets. 
 

Explore Our Strategies and Plans

Six principles for Future Transport

The Future Transport 2056 Strategy is focused on six key principles for the future of mobility in the state, which together aim to positively impact the economy, communities and environment of NSW.

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