b'SYDNEY MUDD 25 - Urban Intensity l Urban Design - SydneyNORTHSYDNEY The Greater Sydney Metropolitan Area in 2017-2018 represented 24.4% of the national gross domestic product (GDP), while Sydney represents 74.3% of the New South Wales GDP.[1] North Sydney represents about 3.3% of NSWs GDP. The City of Sydney in 2015-16 represents approximately 7% of the national GDP. Hence, the combination of North Sydney and Sydney Local Government Areas (LGAs) generate an estimated 10% of the total national GDP. On 18 March 2018, the NSW State Government released the Greater Sydney Regional Plan (GSRP), which aims to address the growth of the Sydney Metropolitan Area. The GSRP identifies that North Sydney forms part of the Harbour CBD along with the Sydney CBD, and is located within the Global Economic Corridor.The Global Economic Corridor (GEC) is an economic zone in the Sydney Metropolitan Area that generates a significant amount of employment and economic activity in Sydney. The GEC connects important key centres where most of the economic activity is found, including Macquarie Park, Chatswood, St. Leonards, North Sydney, Sydney CBD and the Sydney Airport.38P3-20200301-SYDNEY STUDIO.indd 3 2020/3/3 0:38:24'