Confidential to CERA Executive.

Added on - 16 Sep 2019

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Confidential toCERA ExecutiveFUTUREDIRECTIONSIn 2016, CERA will embark on a new growth phase in its journey to become a leadingprovider of engineering and planning services in New South Wales. Tapping into the futuregrowth potential of regional cities in Australia, CERA will be relocating to Bathurst, NSW,about 200 kilometres west of Sydney.This is an exciting project that promises to open new opportunities for our company inCentral Western NSW, and beyond. Our decision, in part, was made in the context ofprojected growth in infrastructure development in regional Australia. For example, inNovember 2014, the NSW Government announced that $6billion would be directed towardregional infrastructure as part of the NSW Government’s $20 billion plan for Rebuilding NSW(for more information, seehttps://www.nsw.gov.au/media-releases-premier/rebuilding-nsw-regional-infrastructure-receive-6-billion-boost).This investment included new money for regional roads and bridges ($3.7billion), watersecurity projects ($1billion) and $400million for country rail. CERA is well positioned tobecome a major player in the renewal of regional infrastructure and our move to Bathurst isa tangible signal of the Company’s intention to enlarge its footprint. Reinforcing our belief inthe future of regional infrastructure, CERA is pleased to be partnering with Charles SturtUniversity’s new, innovative national engineering program, which will see professional-readygraduates trained in-situ at its Bathurst campus, while working in regional organisations overa five-year period. CERA will contribute to this major investment in developing civilengineering capability in the region, as well as being the beneficiary of job-ready graduatesfrom 2021.We will continue to source projects in Sydney and peri-urban locations, and we are lookingforward to building our capability, profile and reputation as a competitive, preferred providerof engineering consultancy services to a new client base.Our senior managers recognise that this move will not be without its challenges, especiallyfor our people. A significant regional centre, with a population of just over 41,000, a solidbase of transport, ICT and other economic infrastructure, Bathurst has the right balance ofproximity to our current markets, as well as being a central location for the next stage of ourgrowth.
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