Wed 12 Nov 2014

CCF Victoria supports proposed $100 Million Regional Infrastructure Fund:

CCF Victoria strongly supports the initiative from the current Napthine government to invest $100 million dollars into Victoria’s 10 biggest regional cities if re-elected at the upcoming state election.

The proposed investment would come directly from the governments $1 Billion Regional Growth Fund, and would directly benefit the regional cities of Ballarat, Bendigo, Geelong, Horsham, Latrobe Valley, Mildura, Shepparton, Wangaratta, Warrnambool and Wodonga.

This new investment into Victoria’s regional areas will help to fund a range of initiatives including critical economic and social infrastructure, CBD revitalisations, urban renewal, and sporting and cultural facilities.

At a time where Victoria is experiencing significant population growth, CEO of Civil Contractors Federation Victoria, John Stewart has thrown his support behind this investment fund by saying “this proposal is a major step forward for not only these regional cities and their surrounding towns, but for the regional civil construction sector as well, particularly in light of fewer small to medium sized projects in these areas over recent years”

Mr Stewart further stated that “Any initiative put forward that will lead to enhanced infrastructure growth and employment opportunities for Regional Victoria and particularly regional civil contractors is one that we place great importance on and fully support.”

It is also important to note that this $100 million investment will be in addition to any pre existing government infrastructure commitments for other initiatives.

For more information about this, please contact CCF Victoria on (03) 9822 0900.