Media Release: Central West NSW reaps $4.5 million reward in National Stronger Regions Fund
Central West NSW is set to benefit from a $4.5 million injection of infrastructure funds following an impressive result in the Australian Government’s National Stronger Regions Fund (NSRF), Round Three.
Under Round 3, 67 projects across the nation are to receive Australian Government funding.
A total of 4 projects from the region were awarded funding for priority infrastructure in Bathurst, Forbes, Lithgow and Parkes, surpassing results from previous rounds and outperforming other regions.
“Nearly a quarter of the number of projects funded across NSW are located within our region – this is outstanding for the Central West ” said Regional Development Australia Central West Chair Alan McCormack.
“These successful results are a testament to the hard work of applicants, communities and our team working with them developing and supporting priority economic development proposals” said Mr McCormack.
The $4.5 million investment represents a total of 10.5% of all funds awarded in NSW.
Bathurst Regional Council is set to receive $1 million for the construction of a Bathurst Rail Museum, boosting regional tourism and celebrating the rail heritage which contributed to the establishment of the Central West.
Forbes Shire Council will receive $1.5 million for much needed upgrades to expand the Central West Livestock Exchange, increasing throughput capacity, productivity and turnaround times.
Lithgow City Council will receive $550,000 for the creation of the Blast Furnace Park facilities, accommodating tourism, film sets and outdoor recreational facilities.
Parkes Shire Council is set to receive $1.5 million for the Parkes Regional Airport Business Park, improving regional passenger, emergency services and freight connections from the Central Western region.
The NSRF committed funding of $1 billion over 5 years to fund priority infrastructure in regional communities, of which the Central West region has received $17.7 million in Rounds 1, 2 and 3.
The Australian Government has announced that the NSRF will be superseded by a new fund, the Building Better Regions Fund (BBRF) eligible only to regional, rural and remote areas.
“We are looking forward to supporting more infrastructure projects in the Central West and urge all organisations to contact us to discuss their projects” said Mr McCormack.
Peter McMillan, Executive Officer, RDA Central West Ph; 02-6369 1600 / 0437 690 808
About Regional Development Australia – Central West
RDA Central West is part of a national network of 55 locally managed, not-for-profit incorporated associations responsible for regional economic development and is jointly funded by the Australian and NSW Governments. Our region extends across the 11 local government areas of Bathurst, Blayney, Cabonne, Cowra, Forbes, Lachlan, Lithgow, Oberon, Orange, Parkes and Weddin www.rdacentralwest.org.au