RDV Annual Report 2016-17 tabled in Parliament18/10/2017
The Regional Development Victoria 2016-17 Annual Report was tabled today in Parliament. The report describes an effective year of operation for RDV in delivering the Victorian Government’s regional development agenda.
The report describes RDV’s ongoing support for regional Victorians via a range of government funding mechanisms, particularly the Regional Jobs and Infrastructure Fund. Since its inception two years ago the fund has helped create and protect over 4,600 jobs in the regions through 355 approved projects in all 48 regional local government areas, catalysing over $1.2 billion investment across regional Victoria.
In 2016-17, RDV regional teams leveraged the fund to deliver important place-based planning and infrastructure investment around the state. Key projects included the completion of the Mars Stadium in Ballarat and beginning construction on the Latrobe Dental Prosthetics Clinic that will become the only commercial prosthetics laboratory in Victoria.
During the year, RDV began implementing the Government’s Regional Tourism Infrastructure Fund to further capitalise on regional Victoria’s substantial tourism assets. The fund is designed to deliver projects that will leverage greater benefits from an industry that already contributes $11.5 billion to the regional economy and generates one in six jobs.
The report also detailed RDV’s support for regional Victorians faced with life-changing events through the year, from industry closures to natural disasters.