The Nationals in the NSW Government have committed a further $137 million to drive economic growth and prosperity through the Wagga Wagga Special Activation Precinct.
The 4500-hectare precinct capitalises on Wagga Wagga’s location as NSW’s southern gateway while being central to Australia’s richest food and agricultural region, the Riverina.
It will target businesses in freight and logistics, agribusiness, advanced manufacturing, innovation, skills and education, and renewable energy and recycling, with a focus on sustainability.
Duty Nationals MLC for Wagga Wagga, Wes Fang, announced funding for construction of the precinct’s infrastructure following the finalisation of the precinct master plan.
The new funding is in addition to $20.6 million announced in November last year and represents a total commitment of almost $158 million.
Mr Fang said he was excited to see the vision for the Special Activation Precinct coming to life.
“This $137 million investment kick-starts the delivery of the precinct, funding core infrastructure to get businesses set up sooner in Wagga Wagga,” he said.
“Now we get to see and feel this precinct grow. We can build the infrastructure to further develop Bomen in Wagga’s north and expand on the existing industries to bring economic growth and jobs to our region,”
“Investment interest is already very high and the final delivery plan will be the last link to enabling fast-track planning approvals to get businesses up and running in the precinct,” Mr Fang said.
With the precinct master plan complete, Regional Growth NSW Development Corporation will lead its delivery by providing design and construction, a delivery plan to support streamlined approvals, and a business concierge service to help investors set up or expand in the regions.
The delivery plan will go on public exhibition shortly, with a tender process to build the stage 1 infrastructure planned for later in the year.
For more information visit www.rgdc.nsw.gov.au
