Latrobe Valley Industry and Infrastructure Fund
The Latrobe Valley Industry and Infrastructure Fund (LVIIF) will facilitate new employment opportunities and leverage new private sector investment through the provision of enabling infrastructure in the region.
The Latrobe Valley is one of Victoria’s key performing economic regions. The region has undergone significant structural change in the 1990s and its economy has diversified, particularly in retailing and community services. However, power generation and related industries continue to dominate the local economy and account for almost 11 per cent of all local employment. The $10 million LVIIF will support activities that lead to economic diversification to strengthen the resilience of the local economy in the Latrobe Valley region.
The LVIIF is an initiative of the broader $30 million Latrobe Valley Advantage Fund that is supporting a number of activities to meet the initial transition needs of the Gippsland region to maintain regional competitiveness.
The Victorian Government’s commitment to increase financial support for the Latrobe Valley Advantage Fund is designed to ensure that the Gippsland region is sufficiently supported in early stages of transition to a low carbon economy.
| Download the program application guidelines for the Latrobe Valley Industry and Infrastructure Fund (PDF 408.7 KB) (Word 77.5 KB) |
