The development of a new education and jobs precinct in Melbourne’s west has moved a step closer, with the Andrews Labor Government nominating the Australian Education City consortium as the preferred bidder for the East Werribee Major Development Parcel.
The proposed precinct resides on the site of Victoria’s former State Research Farm, and is centred in one of the fastest growing communities in Victoria.
Minister for Finance Robin Scott said the Labor Government is now undertaking further due diligence before determining whether to enter into contractual negotiations with the consortium for the development of the 400-hectare area.
This will ensure the best development outcome for the local community and greatest value for Victorian taxpayers.
More than $70 million of Victorian Government funded works, including construction of a full diamond interchange with the Princes Freeway and upgrades to Sneydes Road and key intersections along the Princes Highway, have already commenced within the Precinct.
The Precinct has the potential to become a hub for innovation and research, which would create high-skill, high-wage jobs for the future in Melbourne’s West.
The successful bidder will be responsible for delivering the significant infrastructure work that the community would need, to help realise the Precinct’s full potential.
Quotes attributable to Minister for Finance Robin Scott
“The development of East Werribee would be a potentially significant investment in Melbourne’s west and a boost for Victoria’s economy.”
“We’re following strict probity and due diligence in the market process, to ensure the final proposal provides the best outcome for the local community and value for Victorian taxpayers.”