Regional Development VictoriaRegional Development Victoria

State Government of Victoria


Regional Tourism Infrastructure Fund


The Victorian Government has established the $103 million Regional Tourism Infrastructure Fund (RTIF) to help grow and realise the potential of regional Victoria’s visitor economy which attracts more than 14 million domestic and international visitors every year.

The RTIF’s main objectives are to:

  • increase visitation to regional Victoria and visitor yield by supporting strategic projects;
  • boost regional tourism investment; and
  • drive new jobs across regional Victoria in the tourism sector.

The RTIF is a pathway to accelerate delivery of regional Victoria’s high value tourism projects identified through a regional tourism pipeline.  RTIF funds high value projects that activate, create or redevelop tourism assets that demonstrate a significant impact on the visitor economy. In particular, the Fund will focus on projects that attract increased visitors to the region, increase visitor yield, deliver an improved experience for those who visit and reside in regional Victoria and stimulate increased private sector investment.

The upgrade of the Philip Island Nature Park, and the next stages of implementation of the Shipwreck Coast Master Plan and Budj Bim Cultural Landscape master plan have been announced as the first three projects.

The remaining funding was open to applications from prioritised projects that have been through an initial evaluation process through a tourism pipeline. Recognising that in some cases, promising projects in their early phases require funding support for the development of sound feasibility and business cases, the RTIF incorporates the Government’s $1.8 million program to support planning for tourism projects announced in December 2015 (funded through the Regional Jobs and Infrastructure Fund).

Following a recent targeted funding round, funding from the RTIF for the following projects has been announced:

The RTIF is currently closed for applications.


 


    

Regional Matters Spotlight


Last Updated: 24 May 2017