The Andrews Labor Government will invest $1.5 million in critical infrastructure at the Henty Employment Precinct to help grow the local economy and create more than 50 new jobs in four years.
Minister for Regional Development Jaala Pulford announced the funding boost today while in Portland at the Great South Coast Regional Assembly.
The Henty Employment Precinct Infrastructure Upgrade Project will be delivered by Glenelg Shire Council and provide essential road and drainage infrastructure to support private sector investment at the site.
The Precinct was identified as a priority site for development in the Portland Industrial Land Strategy, which was delivered with funding from the Labor Government.
It will develop the precinct by improving surrounding public roads to enable B Double truck access that will unlock the investment potential for the site.
Development of the precinct is designed to support both current and new industries – such as value-added timber processing for export – that have the potential to increase economic activity and attract further private sector investment.
It will also help grow job opportunities along the supply chains of new and emerging industries and improve road safety.
The Labor Government is supporting Portland through its $500 million Regional Jobs and Infrastructure Fund, which invests in initiatives that help make regional Victoria a better place to live, work and invest.
Quotes attributable to Minister for Regional Development Jaala Pulford
“It is widely recognised that Portland’s economy is heavily reliant on Alcoa, so this project is a good step to help the town diversify its economy.”
“We’re investing in critical infrastructure at the Henty Employment Precinct because it has the potential to attract new business investment to Portland and create new jobs – and that’s good news for all across the supply chain.”
Quote attributable to Minister for Roads and Road Safety Luke Donnellan
“We’re building the road network that the south west needs – doubling our investment in road maintenance, fixing the Portland Ring Road and upgrading the local roads people rely on every day.”