Approximately $204.3 million has been invested through the Australian Government’s Building Better Regions Fund (BBRF) for the delivery of up to 330 infrastructure projects and community initiatives in regional communities across Australia.
According to Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack, this multi-million dollar investment is going to ensure that regional communities across the country will remain a great place to live as well as work and raise a family.
The investment under Round 3 of the BBRF will be funding projects and initiatives including the new Rockhampton Art Gallery, the Armstrong Village Integrated Aged Care Complex in Dunsborough, the 2020 UCI BMX Supercross World Cup in Shepparton and the Naracoorte World Heritage Festival and Fun Run.
“These projects will help build local economies and drive job creation, with more than 13,000 jobs to be supported throughout regional Australia, delivering career pathways and enabling people to stay in the communities they grew up in.
“It is projects such as these that ensure our regions remain strong, resilient and prosperous in the long term and I look forward to seeing these high-quality projects transform their local towns and communities and unlock regional Australia’s economic potential,” Mr McCormack said.
This investment will also be providing up to $70 million towards the delivery of tourism infrastructure in regional Australia to help boost the communities that rely on tourism.
“Tourism is such a vital industry for many regional areas with forty-three cents in every tourism dollar now spent in regional Australia.
“Tourism infrastructure such as the completion of the Great Valley Trail between Bright and Harrietville and the new Australian Opal Centre in Lightning Ridge received funding in this round, enabling these communities to seize tourism opportunities and take full advantage of everything their regions have to offer,” Minister for Trade, Tourism and Investment Simon Birmingham said.
You can view the full list of funding recipients under Round 3 of BBRF here.
Stay up to date with the latest industry news and project updates by subscribing to Felix Project News today.
Source: Minister for Infrastructure, Transport and Regional Development; Minister for Trade, Tourism and Investment; Mirage News; Infrastructure Magazine