{"id":1856,"date":"2019-03-13T12:49:24","date_gmt":"2019-03-13T12:49:24","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=1856"},"modified":"2019-03-13T12:49:24","modified_gmt":"2019-03-13T12:49:24","slug":"355-million-investment-secures-geelong-city-deal","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2019\/03\/13\/355-million-investment-secures-geelong-city-deal\/","title":{"rendered":"$355 million investment secures Geelong City Deal"},"content":{"rendered":"

Thousands more people will spend their tourism dollars in the Geelong and Great Ocean Road regions thanks to an agreement between the Federal and State Government that unlocks the region\u2019s visitor economy.
\nThe $355 million Geelong City Deal is a ten-year partnership to revitalise the city and the broader regional economy.
\nThe agreement follows a further $45 million joint investment in the Shipwreck Coast Master Plan and Revitalising Central Geelong Action Plan.
\nPrime Minister Scott Morrison said the Deal will turbo-charge the economic potential of the tourism industry, boost emerging businesses and ensure Geelong remains a great place to live and visit.
\n\u201cThe City Deal will be a game-changer for hard-working families in Geelong and the rest of the region, by generating an extra $1.1 billion into the economy and delivering nearly 1000 jobs every year.
\n\u201cThis is what locals have been advocating for – infrastructure that delivers jobs and supports business.
\n\u201cI am pleased to have been able to work together with Sarah Henderson and Premier Andrews to reach agreement and get this deal done.\u201d
\nVictorian Premier Daniel Andrews said the agreement had locked in the delivery of the 1000-seat Geelong Convention Centre.
\n\u201cWe\u2019ve fought long and hard to secure the remaining funding for the Geelong City Deal since we backed it a year ago.
\n\u201cThe Geelong City Deal will transform Geelong and the Shipwreck Coast, creating thousands of new jobs and attracting visitors from right around the country – and we\u2019re proud to have led the way in delivering it.\u201d
\nFederal Minister for Cities, Urban Infrastructure and Population Alan Tudge said he looked forward to further working with the local councils to deliver on the commitments under the City Deal.
\n\u201cToday\u2019s announcement supports the continued transformation of Geelong by leveraging the strengths of the city and the region,\u201d Mr Tudge said.
\n\u201cIt means all three levels of government will continue to work together to align planning, create jobs and stimulate urban renewal.
\n\u201cThis will help make Geelong and the broader region an even better place to live in the future.\u201d
\nVictorian Treasurer Tim Pallas said the Convention Centre would bring $350 million to the regional economy during construction and about $50 million each year once it is operating.
\n\u201cThe Convention Centre will support 270 jobs, boost tourism and drive new business growth in the region,\u201d he said.
\n\u201cThe Deakin University waterfront car park site is set to be transformed to a valuable asset for Geelong and all of Victoria.\u201d
\nThe additional funding of $45 million brings the total Federal Government contribution to the Deal to $183.8 million with the Victorian Government providing $172 million.
\nMore information is available at\u00a0https:\/\/citydeals.infrastructure.gov.au\/geelong<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Thousands more people will spend their tourism dollars in the Geelong and Great Ocean Road regions thanks to an agreement between the Federal and State Government that unlocks the region\u2019s visitor economy. The $355 million Geelong City Deal is a ten-year partnership to revitalise the city and the broader regional economy. The agreement follows a … Continue reading “$355 million investment secures Geelong City Deal”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1856","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/1856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=1856"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/1856\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=1856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=1856"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=1856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}