Seven transformational council regional infrastructure projects are a step closer to becoming a reality with applicants asked to submit full business cases for approval under the Australian Government’s $272.2 million Regional Growth Fund.
The Regional Growth Fund will provide grants of $10 million or more for major projects that support long-term economic growth and create jobs in regional areas.
The seven projects from the following councils were announced as part of a total of 16 projects progressing to stage two of assessment:
- Eurobodalla Shire Council
- Rockhampton Regional Council
- City of Mount Gambier
- Swan Hill Rural City Council
- Yarra Ranges Shire Council
- City of Swan
- Shire of Murray
Minister for Regional Services, Sport, Local Government and Decentralisation Bridget McKenzie said the first stage of the assessment process has been highly competitive with more than 300 applications received from state and territory governments, local governments, businesses and not-for-profit organisations.
“The 16 projects proceeding to Stage 2 will increase manufacturing and tourism opportunities in these regions and most importantly, create jobs both immediately and in the longer term,” Senator McKenzie said.
More information about the projects is available at http://regional.gov.au/regional/programs/regional-growth-fund.aspx.