The submissions span each of the critical sectors called for in the first round:

22 projects relate to renewable energy and energy security – valued at $63 billion.

23 projects relate to data centres and technology – valued at $72 billion.

3 projects relate to hotels critical to visitor economy growth – valued at $860 million.

The Investment Delivery Authority (IDA), modelled on the Minns Government’s successful Housing Delivery Authority, invites Expressions of Interest for major investment opportunities valued at over $1 billion and $200 million for the hotel sector.

The IDA was established to proactively identify barriers to major investment in NSW, and assist industry getting major projects across the line.

Expressions of interest from the first round are now being evaluated and will be considered by the IDA, comprising the Secretaries of the Premier’s Department, Treasury, Department of Planning, Housing and Infrastructure (DPHI), along with the Chief Executive of Infrastructure NSW.

Eligible projects must demonstrate that they are able to begin work quickly and will benefit from Government resolving barriers.

Recommendations will be made to the Treasurer, Minister for Planning and Public Spaces and the Minister for Industry and Trade.

Projects that are endorsed by the IDA will receive specialist government support for their major investments in NSW, including from a dedicated planning assessments team within DPHI and from a multi-agency Investment Taskforce based in the Premier’s Department.

The IDA is also expected to make recommendations about where the assessment process could be further improved for projects that are of state significance.

While endorsement does not mean that a project will receive planning approval, it is expected that the IDA will make recommendations for assessment on the basis that they align with the NSW investment interests, would materially benefit NSW economic growth and lead to further investment over time in that industry or a related one.

The IDA should also make recommendations about what other improvements and mechanisms of support can be made to attract industry investment.

This comes as the Minns Labor Government today hosts the Citi A50 Sydney Investment Summit, showcasing the city as the financial hub of the Asia Pacific.

Bringing together major Australian and global investors with Australia’s senior political, business and policy leaders, the summit will promote investment in Sydney and across NSW.

Premier of New South Wales Chris Minns said:

"Forty-eight proposals worth $136 billion shows exactly why we created the Investment Delivery Authority.

"This level of interest is really promising. It shows the IDA is something investors have been waiting for.

"Our Government is sending a clear message to global investors: if you bring your money to NSW, we’ll help you navigate our system.

“We are making sure NSW is open for business.”

Treasurer Daniel Mookhey said: 

“This strong response from the private sector shows confidence in NSW as a place to invest and grow.

“Every proposal submitted meets the IDA’s eligibility threshold, which speaks to the scale and ambition of these investments. This is exactly the kind of private sector-led growth we want to accelerate.”

Minister for Planning and Public Spaces Paul Scully said:

“Major projects often face complex planning hurdles across multiple agencies and departments. Through the IDA, we will provide dedicated support so proponents can get on with delivering their projects.

“By bringing agencies together and cutting through red tape, we’re creating a clear pathway for projects that enable a stronger future economy.”

Minister for Jobs and Tourism Steve Kamper said:

“A strong NSW economy needs a strong hotel sector.

“The Minns Labor Government has set an ambitious goal to grow the visitor economy to $91 billion by 2035, which will require more than 40,000 new hotel rooms across the state.

“These proposals represent millions of dollars in potential investment in new and upgraded hotels. They will create jobs, attract visitors and boost local economies.

“By including a pathway for hotels in the new Investment Delivery Authority, we are unlocking private capital to help turbocharge the visitor economy.”

Minister for Industry and Trade Anoulack Chanthivong said:

“We’ve laid the foundations with our NSW Industry Policy and NSW Trade & Investment Strategy. The IDA is the next step - giving investors a clear, fast-track pathway to deliver major projects.

“The IDA is a key part of our plan to drive innovation, investment and growth.”