Regional Growth Fund delivers for Pearce

The City of Swan’s project to design and construct a road link via Stock Road, between Railway Parade and the Great Northern Highway in Bullsbrook has been selected to proceed to the Full Business Case stage of the Liberal Government’s $272.2 million Regional Growth Fund.

The Regional Growth Fund will provide grants of $10 million or more for major transformational projects that support long-term economic growth and create regional jobs.

Federal Member for Pearce, Christian Porter, said this is exciting news for the region as the first stage of the assessment process has been highly competitive.

“With more than 300 applications received from state and territory governments, local governments, businesses and not-for-profit organisations, having this project progress to the next stage of the application process is fantastic.

“The projects selected can drive economic growth and create jobs both immediately and in the longer term and this one is no different.

“This project will allow the South Bullsbrook Industrial Precinct (SBIP) and the Bullsbrook Intermodal Freight Terminal to be developed - expanding freight into the northern sub-regional corridor and providing industry access to regional, interstate and international markets.

“38 direct jobs will be created during the construction phase of the project and provide 2,100 indirect jobs, as well as a further 4,900 jobs on full development of the West SBIP.

“This project will potentially generate enough activity to support up to 25,000 indirect opportunities over the next 15 years and generate opportunities for private and public transport in the region.

“This project is one step away from receiving funding and making the Bullsbrook region even stronger, so get behind it and show your support by going to www.christian.porter.com.au.”

For more info about the Regional Growth Fund go to http://regional.gov.au/regional/programs/regional-growth-fund.aspx