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Regional Growth Fund Celebrates 1000 Regional Projects

Thursday, July 04, 2013
The Victorian Coalition Government’s $1 billion Regional Growth Fund has celebrated investing in its 1000th project in regional and rural Victoria leveraging a total investment of $1.25 billion in just two years Member for Swan Hill, Peter Walsh, said today.
Throughout the Swan Hill electorate more than $42.6 million has been provided for a vast range of projects from the RGF.
This includes $26.3 million for specific local projects and a further $16.3 million for Statewide initiatives that have included projects in this region.
“The Regional Growth Fund leverages money from the private sector and all levels of government to drive industry and jobs growth, build infrastructure and develop better community facilities in rural and regional Victoria,” Mr Walsh said.
“This has resulted in nearly $85 million worth of projects that have been funded or leveraged to benefit our regionalone.
“Projects such as the Kerang CBD Streetscape renewal, Serpentine Sports pavilion redevelopment, Inglewood Town Hall Hub, St Arnaud Cinema upgrade, Swan Hill’s George Lay Park, the Warracknabeal Weir gates, Rupanyup Memorial Hall airconditioning upgrade, the Donald Family Services Centre and the many RGF funded projects following the 2010 floods are just some examples of how this funding has been of enormous benefit to communities in the Swan Hill electorate,” Mr Walsh said.
“Right across Victoria, our regional and rural communities have benefited considerably from funding initiatives delivered through the $1 billion Regional Growth Fund, funding which has been set aside for communities outside Melbourne,” Deputy Premier and Minister for Regional and Rural Development Peter Ryan said.
“Through the Economic Infrastructure Program, which is just one component of the RGF, the Coalition Government has announced a total of 49 projects worth almost $370 million, delivering thousands of jobs across the state.
“As a result we have witnessed Victoria’s regional unemployment rate drop to 4.6 per cent in May, down from 6.3 per cent when the previous Labor Government left office in November 2010.
“By empowering regional businesses, industries and citizens to take action on their own behalf, we can contribute to a better quality of life for people right across our great state,” Mr Ryan said.

Contact: Electorate Office: 274 Campbell Street SWAN HILL Vic 3585 Phone: (03) 5032 3154 Fax: (03) 5032 9483