News & Media

Premier announces $835K for Ballarat growth and regional jobs

Premier Ted Baillieu reaffirmed the Victorian Coalition Government’s commitment to supporting and developing Victoria’s regional economy today, during a keynote address to the Australian Industry Group in Ballarat.

Mr Baillieu said regional areas were driving Victoria economically, producing one third of Victoria’s exports. 

“Accelerating growth in regional and rural communities is critical to Victoria’s long-term prosperity and the key to a competitive economy,” Mr Baillieu said.

Mr Baillieu announced the Victorian Coalition Government, through the $1 billion Regional Growth Fund, would provide $835 000 – to be matched by the City of Ballarat – for the $1.67 million Ballarat West Employment Zone construction blueprint.

The BWEZ is a 623-hectare site strategically located adjacent to the Ballarat airport and in close proximity to new residential growth areas. Once developed, the BWEZ is expected to generate 9000 jobs and approximately $5 billion in economic output for the City of Ballarat. 

“The City of Ballarat has already adopted a master plan for the new employment zone, which will house a range of industries including transport and logistics, the manufacturing sector and engineering and information services,” Mr Baillieu said.

“Importantly, this employment zone will not only enable new industries to establish themselves in Ballarat, but it will also provide existing businesses that are currently landlocked with an opportunity to grow and expand.”

The $38 million Ballarat West Link Road, already funded by the Coalition Government, will play a key role in servicing the BWEZ.

Minister for Regional Cities and Major Projects Denis Napthine, who attended the AIG event, said the Coalition Government was excited by what the BWEZ would deliver for Ballarat, with a number of businesses already expressing an interest in moving to the site.

“The wonderful thing about this project is that it will transform the economic base of Ballarat by creating new jobs and wealth through the strategic use of this land and the $38 million Ballarat West Link Road,” Dr Napthine said. 

“Major Projects Victoria will play a key leading role in the delivery of this initiative which is a strong indication of how important the Coalition Government sees this project for both the Ballarat region and the entire state of Victoria.

“This is part of the Coalition Government’s plan to work with businesses and local government to deliver jobs and prosperity for regional and rural Victoria,” Dr Napthine said.

Mr Baillieu said the Coalition Government’s $1 billion Regional Growth Fund was helping thriving communities achieve.

“The Regional Growth Fund is the centrepiece of a strategy focused on driving jobs and investment in regional communities,” Mr Baillieu said. 

“Today’s funding announcement is to support a region that understands its competitive strengths and wants to build on them, and projects such as this encourage investment, create jobs, and will boost the productivity of the state.”

Mr Baillieu said the 2012-13 Budget included a record investment of $199 million for regional areas with a focus on hospital upgrades, employment, infrastructure, manufacturing and making regional areas more commercially competitive through freight transport incentives.

Premier Ted Baillieu reaffirmed the Victorian Coalition Government’s commitment to supporting and developing Victoria’s regional economy today, during a keynote address to the Australian Industry Group in Ballarat.

Mr Baillieu said regional areas were driving Victoria economically, producing one third of Victoria’s exports. 

“Accelerating growth in regional and rural communities is critical to Victoria’s long-term prosperity and the key to a competitive economy,” Mr Baillieu said.

Mr Baillieu announced the Victorian Coalition Government, through the $1 billion Regional Growth Fund, would provide $835 000 – to be matched by the City of Ballarat – for the $1.67 million Ballarat West Employment Zone construction blueprint.

The BWEZ is a 623-hectare site strategically located adjacent to the Ballarat airport and in close proximity to new residential growth areas. Once developed, the BWEZ is expected to generate 9000 jobs and approximately $5 billion in economic output for the City of Ballarat. 

“The City of Ballarat has already adopted a master plan for the new employment zone, which will house a range of industries including transport and logistics, the manufacturing sector and engineering and information services,” Mr Baillieu said.

“Importantly, this employment zone will not only enable new industries to establish themselves in Ballarat, but it will also provide existing businesses that are currently landlocked with an opportunity to grow and expand.”

The $38 million Ballarat West Link Road, already funded by the Coalition Government, will play a key role in servicing the BWEZ.

Minister for Regional Cities and Major Projects Denis Napthine, who attended the AIG event, said the Coalition Government was excited by what the BWEZ would deliver for Ballarat, with a number of businesses already expressing an interest in moving to the site.

“The wonderful thing about this project is that it will transform the economic base of Ballarat by creating new jobs and wealth through the strategic use of this land and the $38 million Ballarat West Link Road,” Dr Napthine said. 

“Major Projects Victoria will play a key leading role in the delivery of this initiative which is a strong indication of how important the Coalition Government sees this project for both the Ballarat region and the entire state of Victoria.

“This is part of the Coalition Government’s plan to work with businesses and local government to deliver jobs and prosperity for regional and rural Victoria,” Dr Napthine said.

Mr Baillieu said the Coalition Government’s $1 billion Regional Growth Fund was helping thriving communities achieve.

“The Regional Growth Fund is the centrepiece of a strategy focused on driving jobs and investment in regional communities,” Mr Baillieu said. 

“Today’s funding announcement is to support a region that understands its competitive strengths and wants to build on them, and projects such as this encourage investment, create jobs, and will boost the productivity of the state.”

Mr Baillieu said the 2012-13 Budget included a record investment of $199 million for regional areas with a focus on hospital upgrades, employment, infrastructure, manufacturing and making regional areas more commercially competitive through freight transport incentives.