Three new projects to be delivered for economic and job growth
To strengthen economic growth and recovery from the pandemic, the Australian Government commits $10 million to deliver three new projects in the NSW region.
The $10 million investment on the three projects is part of the Government’s commitment to jobs and economic diversification.
The second stage of the Parkes Water Security project and part one of stage two of the Central West Industrial Park in Forbes will be delivered under the investment.
The second stage of the Parkes Water Security project will include the installation of two new pump stations. Meanwhile, part one of the Central West Industrial Park’s stage two project will see to the construction of significant drainage works.
“The $4 million Central West Industrial Park and $5 million Parkes Water Security projects contribute to the broader regional development objectives of bringing together planning and investment in order to drive jobs and economic activity through the Parkes Special Activation Precinct,” Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said.
“The projects will help deliver infrastructure that will allow businesses to establish, expand and diversify.”
Aside from the Parkes Water Security project and the Central West Industrial Park project, the town of Lake Cargelligo will also receive $1 million to upgrade its village centre for tourists and residents.
Minister for Regional Health, Regional Communications and Local Government Mark Coulton said these three new projects will allow the region to develop while supporting the tourism market. He also said the projects’ effects will flow into the community.
“These projects are providing vital infrastructure for both the agricultural industry and community alike, helping improve living standards and the attractiveness of the region as a place to live, work and visit,” Minister Coulton said.
“Many of our regions are still recovering from drought and the pandemic, which is why it is important now more than ever that all levels of government work together to rapidly deliver jobs, generate economic recovery and drive tourism-related opportunities.”
Assistant Minister for Regional Development Nola Marino said the projects were excellent examples of investment in the NSW region’s local businesses.
Mayor of Parkes Shire Cr Ken Keith OAM said the projects will support the anticipated residential growth caused by the local development.
The $10 million funding is part of the Regional Recovery Partnerships. The Partnership shows the Government’s commitment to work with all levels of government to deliver jobs, economic recovery and economic diversification in ten regions for two years.