This Government recognises the valuable contribution of our regions and is committed to supporting their growth and prosperity by investing in services and infrastructure across New South Wales.
The Government is on track to meet the Restart NSW priority infrastructure target of allocating 30 per cent of infrastructure spending to our regions over time. This includes the Government’s pledge to invest $6.0 billion of the $20 billion Rebuilding NSW plan in regional and rural infrastructure projects, ensuring that residents across New South Wales share in the proceeds of the State’s poles and wires transactions.
By 30 June 2017, around $9.1 billion will be committed or reserved for projects and programs in regional NSW, including the Rebuilding NSW plan. This is comprised of $3.8 billion committed from Restart NSW and $5.3 billion reserved for a future commitment. Significant new regional reservations include $1.0 billion reserved for the Regional Growth: Economic Activation Fund to unlock economic growth and deliver quality services in regional NSW.
These investments will provide a significant boost to local communities in terms of employment, health, education and lifestyle.
At the same time, this Budget invests in upgraded and new roads as well as railways and bridges to connect regions with cities and one another, making for faster movement of goods and improving access for visitors.
Some of the Government’s new and existing key regional investments are highlighted in this document.