South Rockhampton Levee A Step Closer
The South Rockhampton Levee is one step closer to reality, with the project receiving conditional approval for $25 million funding under Australian Government’s highly anticipated $272.2 million Regional Growth Fund.
Member for Capricornia, Michelle Landry, said this is exciting news for the region as the levee project promises jobs, economic security, and greatly increased flood resilience for hundreds of Rockhamptonites.
“This is a win for our region. The Levee bank can drive economic growth and create jobs both immediately and in the longer term,” Ms Landry said.
“Locally, the South Rockhampton Levee bank has been discussed for some time and now, thanks to the Coalition Federal Government and our commitment to Central Queensland economy, we are close than ever to seeing it realised.
“That’s why I am so pleased to know the Federal Government has agreed to support the project to the tune of $25 million, pending acceptance of its business case.
“This is a project that has received a great deal of study and a great deal of work already and I am confident it will stack up.
“The Regional Growth Fund allows time for proponents to deliver full business cases for their projects and this is what RRC will now do.
“There are just sixteen projects across the country successful at this stage, which shows just how important this project is held by this government.” Ms Landry said.
“The South Rockhampton Levee Bank promises to deliver 185 jobs through construction and I can’t wait for the shovels to strike the ground.
“I am committed to delivering the job-creating infrastructure our region needs.”
Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the Regional Growth Fund will provide grants of $10 million or more for major transformational projects that support long-term economic growth and create regional jobs.
“The Regional Growth Fund will unlock economic opportunities across regional Australia and we know that when the regions are strong, so too is our nation,” Mr McCormack said.
“I am pleased to announce the Government has selected 16 projects to progress to the next stage. These projects are one step away from receiving funding and making the regions where they are located even stronger and more resilient.”
“The projects selected for Stage 2 focus on building on existing strengths, re-invigorating industries and tapping into a region’s tourism potential.”
“Funding requests for these projects range from $10 million to $29 million, making the Regional Growth Fund a significant investor in our regions.”
More information is available at http://regional.gov.au/regional/programs/regional-growth-fund.aspx.
Michelle Price has been working as a journalist since 1999 and loves human interest pieces.
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