The NSW Liberal and Nationals Government will further invest in infrastructure and facilities that will activate economic and job growth across the region through the new $175 million Growing Regional Economies Fund.
Member for Cootamundra Steph Cooke said the Fund will see investment in transformational infrastructure and facilities projects that will unlock housing and economic growth in regional communities.
“We all know we live in a beautiful part of the state and it’s the perfect reason why many are making the move to our regional areas to grow and raise a family,” Ms Cooke said.
“It is important that we support growth in our area whilst ensuring we have the infrastructure and housing to accommodate.”
Deputy Premier and Minister for Regional NSW Paul Toole said the fund will only increase the appeal to live and invest in regional NSW.
“Our regional communities are growing faster than ever before, and this is creating exciting opportunities for infrastructure, business and economic investment across the State,” Mr Toole said.
“Housing must come hand-in-hand with these investments, and the projects supported by this Fund could include roads and other utility connections; the kind of enabling infrastructure needed to set the foundation for further housing growth.”
The $175 million Growing Regional Economies Fund is part of the NSW Government’s $3.3 billion Regional Growth Fund, which is being invested in local projects that improve the lives of people living in regional NSW.
Expressions of Interest open next week on 8 February and close on 23 May 2023.
For further information about the Growing Regional Economies Fund, including program guidelines and eligibility criteria, go to: www.nsw.gov.au/gref