The Federal Government has announced a contribution of $154 million to the Geelong City Deal.
The Government has said that the deal will unlock the economic potential of the region’s tourism industry, revitalise the Geelong city centre and boost emerging businesses.
Minister for Cities, Urban Infrastructure and Population Alan Tudge said the investment would support the continued transformation of Geelong by leveraging the strengths of the city and region.
“City Deals represent a genuine partnership between all three levels of government to align planning, create jobs and stimulate urban renewal,” Minister Tudge said.
“Geelong will benefit from a new state of the art convention centre at the Geelong waterfront along with public domain improvements, and infrastructure investments to revitalise and redevelop the city centre.”
Other projects committed to under the Geelong City Deal include:
- upgrade access to Deakin University’s Future Economy Precinct at the Waurn Ponds campus
- Geelong Waterfront Safe Harbour project
- Queenscliff Ferry Terminal Upgrade
- build a Glenample Visitor Experience Centre
- build a Twelve Apostles viewing infrastructure
- improve international driver safety.
The Federal Government will work toward finalising the deal with the Victorian Government which outlined its commitments earlier this year. More information on the Geelong City Deal is available at https://citydeals.infrastructure.gov.au/geelong