Local residents and businesses will receive their fair share of the $1.3 billion investment in regional NSW announced in the 2017-18 NSW Budget, which will provide communities with vital infrastructure and community facilities to enliven their local economies.
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The Regional Growth Fund will deliver $1 billion to help develop transport, energy and water projects, with an extra $300 million devoted to community and cultural facilities, on top of an existing $300 million for environment and tourism assets.
Member for Goulburn Pru Goward MP said she will work with the community, local government and industry groups to identify projects that will benefit our region and help develop the business cases required to have secure funding approved.
“The Regional Growth Fund represents a new, more streamlined and responsive approach to investment in New South Wales, where we will work with proponents throughout the application process to give them a much higher chance of success,” Ms Goward said.
“We’re looking for projects that will promote local economic growth and benefit the whole community, and we will work together to make it happen.
“As your local MP, I encourage you to contact my office so I can work with you to workshop projects and develop a robust business proposal that we can submit for funding.”
Deputy Premier Barilaro said the Regional Growth Fund will support projects like building or upgrading power, transport and telecommunications links; improving water and sewerage services; enhancing voice and data connectivity and upgrading sporting facilities.
“These programs will ensure regional NSW communities can grow their economy and have the same access to services and facilities as people living in cities,” Mr Barilaro said.
“In the coming months, I will be travelling around regional NSW and hosting a series of workshops to explain how the Regional Growth Fund can benefit regional NSW, and more importantly to listen to your ideas.”
Mr Barilaro said the $1.3 billion announced in this Budget brings the total set aside for regional NSW from Restart NSW to $9.1 billion, which to date has prioritised $70 million for upgrading regional airports, $155 million towards fixing local roads and more than $240 million to mining communities through Resources for Regions.
Further information and program guidelines are available at www.nsw.gov.au/regionalgrowth.
