The Williamtown Special Activation Precinct has been scrapped after a State Government review found the project was "undeliverable, unfair and outrageously expensive".
Former Deputy Premier John Barilaro launched the economic development project in 2020. At the time it was touted as having the potential to unlock hundreds of millions of dollars of private sector investment and create 4300 new jobs over the next 40 years in the defence, aerospace, advanced manufacturing, commercial, freight and logistics industries.