Trunk Infrastructure Fund
Unlocking rural and regional land to attract investment, create new exports, and boost jobs and economic growth in regional Victoria
Overview
The Trunk Infrastructure Fund is a key initiative of the Economic Growth Statement and will support co-funded projects that are designed to establish or expand industrial sites to drive jobs and economic growth.
Trunk Infrastructure enables new investment to occur, activates greater private sector investment, and creates new jobs and additional exports, helping to drive long-term regional economic growth. Trunk infrastructure includes establishing:
- water supply
- power supply
- sewerage facilities
- road networks
- technologies, such as NBN connections.
Investments in this enabling infrastructure are critical, as they provide a competitive environment for existing and emerging regional industries to operate in.
This includes key industries such as manufacturing and defence, health technologies and medical research, circular economy, digital technology and agribusiness.
Objectives of program
The fund will support projects to deliver essential trunk services that will increase the supply of land for use by business and industry, support and activate private sector investment, and create long-term jobs.
Successful projects will increase production and productivity by enhancing local supply chains – supporting economic growth and prosperity for regional Victoria.
Funding details
We’ll provide more information about the funding including the Program Guidelines soon.
For more information about the Trunk Infrastructure Fund, please contact your local RDV office.