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$15.68 million awarded to Shipwreck Coast infrastructure projects

23/02/2022

Five infrastructure projects are being supported with new grants designed to enable private sector investment along Victoria’s iconic Shipwreck Coast, thanks to the Geelong City Deal’s Private Sector Business Enablement Fund (PSBEF).

The Australian Government funding will support the region to capitalise on its natural beauty and create up to 360 new jobs in the Shipwreck Coast region through the new projects.

The $15.68 million in grants will be invested in infrastructure that has the potential to stimulate over $150 million in private capital investment to support the growth of the visitor economy, principally through new and improved accommodation offerings.

The five projects that have been awarded grants are:

  • Princetown Enabling Public Works Project – funding for upgrades to Old Coach Road, a contribution towards the construction of a replacement bridge and new shared-use trail infrastructure. This project will facilitate private sector investment in a proposed eco-lodge facility and support improved public access to the Princetown Recreation Reserve.
  • Sow and Piglets Brewery – funding for electric vehicle and electric bike charging stations at the Sow and Piglets Brewery in Port Campbell to support sustainable tourism and grow visitation to the Timboon-Port Campbell Rail Trail and the 12 Apostles Food Artisans Gourmet Trail.
  • Kangaroobie Camp – upgrade of wastewater treatment facilities to support the expansion of camp accommodation facilities at Princetown. This investment will help the business to position itself to expand.
  • Great Ocean Road Retreat – power supply upgrade, telecommunications and road infrastructure for the Great Ocean Road Retreat at Peterborough, which is a proposed 36-room motel and restaurant development.
  • 12 Apostles Hot Springs Resort – funding to support enabling infrastructure including wastewater, storm water, potable water and road infrastructure. This will facilitate the development of a resort that includes construction of geothermal hot springs infrastructure, accommodation pods and hotel facilities.

These projects complement the future development of the new Visitor Experience Centre at the Twelve Apostles Precinct, providing an improved experience for domestic and international tourists into the future. The enabling infrastructure funded by the PSBEF will stimulate investment in accommodation and visitor experiences that will attract tourists and stimulate the local economy.

The $23.4 million PSBEF is a key component of the $108.15 million - Shipwreck Coast priority projects initiative identified in the Shipwreck Coast Masterplan under the Geelong City Deal, with $88.15 million funded by the Australian Government and $20 million funded by the Victorian Government.

Deal partners will consider options for the remaining $7.72 million in the PSBEF as part of the three-year review of the Geelong City Deal, due to commence in mid-2022.

The Geelong City Deal is a $500 million commitment between the Australian and Victorian governments and the City of Greater Geelong to revitalise the city and regional economy, encouraging visitors to spend more time in the region by capitalising on its natural assets.



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