According to Capra Developments business advisor James Price it will kill up to 6,000 goats every day, making it by far the biggest goat abattoir in the country, and one of the largest in the world.
Mr Price said the new business aimed to employ up to 200 people — mostly locals if possible.
"Bourke is a meatworks town," Mr Price said.
"So we expect there could be residents who have left town because of drought or the lack to jobs, will come back to town for work."
When the old Bourke abattoir closed many years ago, hundreds of residents left town to look for work elsewhere.
Picture - The old Bourke Abattoir