DEVELOPING MAJOR INFRASTRUCTURE Throughout the year, RDV facilitated strategic infrastructure investment to strengthen regional economies, encourage jobs growth, attract new businesses and regional services in the final year of Regional Growth Fund programs. In 2014-15, RDV helped attract $365.044 million for 124 regional infrastructure projects supported in the final year of the Regional Growth Fund. Examples of these projects follow. analysis. MURRAY DAIRY ACCELERATING – CHANGE LATROBE CITY COUNCIL – In November 2014, the Victorian GIPPSLAND HEAVY INDUSTRY Government announced joint Victorian and PARK Commonwealth Government funding of $1.46 million for a project that will boost Announced in August 2014, the $5 million dairy farming in the Murray Darling region. Gippsland Heavy Industry Park Project For all Victorian Government funding aims to drive industry development and contributions to Murray Darling projects, see help grow the local economy with the help page 63. of $2.5 million from the Victorian Government. The three-stage project The $2.9 million Accelerating Change project involves reconstructing road pavement aims to create 100 full-time jobs, increase and drainage along access roads, site grown’ pasture by 25 per cent, ‘home drainage upgrades, and new water improve irrigation efficiency and reduce the treatment infrastructure. Zoned as cost base of dairy farming businesses with a Industrial 2, the Gippsland Heavy Industry view to boosting overall profitability. Two Park represents a key future employment leading farms’ were selected by ‘partner zone for Latrobe City Council. A demand Murray Dairy to demonstrate the benefits of analysis for the site indicates the precinct continuing investment in feed practices, could employ up to 470 people in addition farming systems and growth of pastures. to the 200 currently employed by three Research and technology will be applied existing businesses. By improving the directly to the two farms and tested on 15 quality and capacity of the site, the project satellite farms, which will help monitor and will enable the development of 28 analyse the technology. Results will then be hectares of vacant land as well as shared with 380 farmers in the Murray encourage the existing businesses to Darling region for further discussion and expand.
DEVELOPING MAJOR INFRASTRUCTURE Throughout the year, RDV facilitated strategic infrastructure investment to strengthen regional economies, encourage jobs growth, attract new businesses and regional services in the final year of Regional Growth Fund programs. In 2014-15, RDV helped attract $365.044 million for 124 regional infrastructure projects supported in the final year of the Regional Growth Fund. Examples of these projects follow. MURRAY DAIRY – ACCELERATING CHANGE In November 2014, the Victorian Government announced joint Victorian and Commonwealth Government funding of $1.46 million for a project that will boost dairy farming in the Murray Darling region. For all Victorian Government funding contributions to Murray Darling projects, see page 63. The $2.9 million Accelerating Change project aims to create 100 full-time jobs, increase ‘home grown’ pasture by 25 per cent, improve irrigation efficiency and reduce the cost base of dairy farming businesses with a view to boosting overall profitability. Two leading ‘partner farms’ were selected by Murray Dairy to demonstrate the benefits of continuing investment in feed practices, farming systems and growth of pastures. Research and technology will be applied directly to the two farms and tested on 15 satellite farms, which will help monitor and analyse the technology. Results will then be shared with 380 farmers in the Murray Darling region for further discussion and analysis. LATROBE CITY COUNCIL – GIPPSLAND HEAVY INDUSTRY PARK Announced in August 2014, the $5 million Gippsland Heavy Industry Park Project aims to drive industry development and help grow the local economy with the help of $2.5 million from the Victorian Government. The three-stage project involves reconstructing road pavement and drainage along access roads, site drainage upgrades, and new water treatment infrastructure. Zoned as Industrial 2, the Gippsland Heavy Industry Park represents a key future employment zone for Latrobe City Council. A demand analysis for the site indicates the precinct could employ up to 470 people in addition to the 200 currently employed by three existing businesses. By improving the quality and capacity of the site, the project will enable the development of 28 hectares of vacant land as well as encourage the existing businesses to expand.
RDV_Annual_Report_2015_web.docx