Geelong, Victoria, is the next local government area to benefit from a City Deal, with the promise of more than $355 million in joint funding to be pumped into the revitalisation of the Geelong region and the Great Ocean Road visitor economy.
The City of Greater Geelong will work with the federal and state governments to deliver infrastructure projects, which are set to create significant employment and attract more visitors to the region.
As part of the 10-year plan, Geelong’s own Convention and Exhibition Centre will be constructed, the revitalisation of Central Geelong will continue, the Deakin University Future Economy Precinct in Waurn Ponds will be expanded and stage one of the Geelong Safe Harbour Precinct will be carried out.
Council’s contribution will include $7.28 million towards drainage works for the city’s main street; plus $3 million each for the Geelong Convention and Exhibition Centre, Central Geelong Revitalisation Works and Geelong Safe Harbour project; also $1.15 million for Smart City initiatives such as Smart Parking and safety cameras.
Council’s aims for the City Deal are to grow tourism and to support investment, employment and lifestyle opportunities in the region.
Chair, Economic Development Portfolio, and Mayor, Bruce Harwood, said it was an exciting time for the Greater Geelong region.
“The Council and many others have worked hard for several years to get these projects funded, particularly the Geelong Convention and Exhibition Centre and the Geelong Safe Harbour plan.
“The Geelong City Deal will deliver important infrastructure and upgrades that will increase employment opportunities for locals, improve our lifestyle and attract more tourists to our fine region.”
Deputy Chair, Economic Development Portfolio Quotes, Councillor Trent Sullivan, said Geelong was tremendously lucky to have the deal as many cities were fighting for the funding.
“I would like to publically acknowledge the work and advocacy of Mayor Bruce Harwood on this project.”
