Billions for the Bush
Under the current NSW Government, regional NSW is winning.
Every cent of the proceeds from the sale of the Snowy 2.0 scheme will be spent on infrastructure projects outside the Sydney, Wollongong and Newcastle district. That’s a whopping $4.154 billion to be injected solely into rural and regional communities.
The NSW Government’s sale of its share (58
But most importantly, the sale will create an investment bonanza in regional NSW.
Deputy Premier and Minister for Regional NSW John Barilaro said the deal would not only boost infrastructure and jobs but has the potential to deliver transformational projects for communities for generations.
“NSW Liberals & Nationals regional MPs have worked hard to ensure every single cent of this deal goes to the people and communities of country NSW,” Mr Barilaro said.
“The people of regional and rural NSW need to know that this is an incredible moment for them and their communities.
“These are precious funds, and every dollar we invest will be an important legacy for those men and women who contributed to the Snowy all those years ago. Now successive generations of people living and working in rural and regional NSW will benefit.”
“As the Member for
Premier Glayds Berejiklian echoed these sentiments.
“This is a once in a generation opportunity. It was an iconic nation-building project and what we intend to do as a government
“What really excites me more than anything is the jobs and the hope that not only will our communities survive in the bush but absolutely thrive.”
The construction of the Federal