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$100 million boost for regional infrastructure

Thursday, 12 January 2012

Victoria's regional and rural councils will share in more than $100 million for vital infrastructure works in the first allocation from the Coalition Government's Local Government Infrastructure Program (LGIP).

During a visit to Bendigo, Acting Premier and Minister for Regional and Rural Development Peter Ryan said funding would be distributed to 48 regional and rural councils for allocation to support key local infrastructure priorities.

"The LGIP is giving regional and rural councils certainty to plan for and build new infrastructure or renew assets," Mr Ryan said.

"The program is supporting local council initiatives to upgrade vital infrastructure including roads and bridges, as well as supporting the development of new or improved facilities such as halls and theatres, sporting grounds, grandstands, pools and libraries."

Mr Ryan said each council would be allocated a notional four-year funding total for priority local projects identified in forward capital works plans.

"The distribution of funds is based on a fair and equitable formula designed in consultation with the Municipal Association of Victoria, Regional Cities Victoria, Rural Councils Victoria, Regional Development Australia Committee chairs and the Victorian Grants Commission," Mr Ryan said.

Examples of projects nominated by councils include:

  • $500,000 to the City of Greater Geelong to revitalise laneways in the CBD;
  • $1.2 million to the City of Ballarat to replace Magpie Bridge;
  • $350,000 to Central Goldfields Shire Council to install an air handling system at the Maryborough Sports and Fitness Centre;
  • $2 million towards the Bendigo Library Redevelopment project.

Mr Ryan said the LGIP was part of the Coalition Government's $1 billion Regional Growth Fund.

"The Coalition's flagship $1 billion Regional Growth Fund is supporting growth, jobs and better quality of life for people living in regional and rural Victoria," Mr Ryan said.

For information about the LGIP visit:www.rdv.vic.gov.au/infrastructure-programs/local-government-program 

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