Deputy Premier and NSW Nationals Member for Monaro John Barilaro has announced $10 million in funding to help transform Queanbeyan’s CBD.

Mr Barilaro said the announcement is a light at the end of the tunnel for local businesses during an extremely challenging time.

“The $10 million boost from the $170 million Drought Stimulus Package will improve pedestrian access, boost safety and importantly support local retail,” Mr Barilaro said.

The upgrades are planned for a section of Monaro Street, between Crawford and Lowe Streets. It is one of six stages of a plan to transform the Queanbeyan CBD over the next 10 years.

Mr Barilaro said the upgrade will deliver new wider walkways, improved drainage, lighting, seating and road refuges.

“Monaro Street is already the heart of Queanbeyan, but this upgrade will ensure it remains a hive of activity,” Mr Barilaro said.

“This work will make this part of the CBD a nicer place to be and easier than ever to move around, whether you are getting your groceries or travelling to and from work.

“The upgrade will also provide an immediate boost to the local economy, creating work for locals so that money earned in the region stays in the region, which is especially important during this challenging time.”

The upgrades form a critical component of the broader CBD Masterplan endorsed by Queanbeyan-Palerang Regional Council and will reduce traffic noise and manage the flow of traffic in the CBD, providing greater safety for drivers and pedestrians.