The City of Greater Geelong has partnered up with the Australian and Victorian governments to formulate a new growth strategy and stimulate the local economy.

The Geelong City Deal Implementation Plan highlights a $370 million investment which will support many local infrastructure projects to get off the ground.

The 10-year plan includes:

• $174.2 million for the Geelong Convention and Exhibition Centre
• $38.13 million for the Revitalising Central Geelong Action Plan
• $3.5 million for the Geelong Waterfront Safe Harbour project
• $108.15 for the Shipwreck Coast Master Plan
• $27.5 million for Great Ocean Road Infrastructure Projects
• $7.6 million for the Deakin University Future Economy Precinct
• $10 million for the Queenscliff Ferry Terminal
• $1.15 million for Smart Cities

“Earlier this year, we outlined our promises to rebuild the tourism infrastructure in this iconic part of the world; today, we commit to the Implementation Plan to make it happen. More tourists means more jobs.

“This is government working at its best when the three levels come together to agree a long-term master plan,” Federal Minister for Population, Cities and Urban Infrastructure Alan Tudge said.

Many of the initiatives are close to commencing and there is a strong focus on providing Indigenous and local employment and procurement opportunities throughout.

Follow us on Linkedin for relevant, local news covering all aspects of construction, mining and resources in Australia.