Andrew Binks - Strategy and Project Lead, Business & Precinctst
179 Maroondah Highway, Ringwood VIC 3134
The Bayswater Business Precinct is a Regionally Significant Industrial Precinct (RSIP) and important economic asset in Melbourne’s east, and broader metropolitan Melbourne. It is the second largest employment precinct in the Eastern Metro Region and is home to a strong ecosystem of well connected industries with robust local supply chains. Businesses in the precinct are diverse and include small to medium sized family businesses as well as global multinationals.
In terms of productivity the BBP can be described as an economic powerhouse with a strong core of innovative and technology based businesses which position it as a key player in advanced manufacturing and industry 4.0. The key drivers of the local economy for export, employment, value added and local expenditure are advanced manufacturing, professional scientific and technical services, construction and wholesale trade. Much of the wholesale trade sector is closely connected to the manufacturing sector through well developed local supply chains which deliver significant economic benefits for the region.