The Regional Economic Development Strategy Action Plan 2026–27 guides collective work on the priorities and opportunities that will drive growth, investment and jobs across the Barwon region.
The plan is guided by Barwon’s Regional Economic Development Strategy (REDS) which identifies strategic directions to further drive growth and prosperity in regional Victoria.
The 2026–27 Action Plan focuses on 4 economic priorities:
- Activate key economic precincts and centres, including Central Geelong and the Avalon Precinct and Greater Avalon Employment Precinct, to unlock housing, jobs and investment.
- Grow our manufacturing capability by advancing cleaner production, innovation, advanced manufacturing and defence capability.
- Accelerate the clean economy by positioning Barwon as a hub for renewable energy and circular economy innovation.
- Strengthen our visitor economy by growing year-round tourism and events and leveraging the region’s natural, cultural and built assets.
There are 4 pillars supporting these priorities to create the conditions for sustainable economic growth:
- Skills and workforce – expand training pathways and industry partnerships to equip the workforce for a growing and changing economy.
- Housing and accommodation supply – support growth with diverse and affordable housing, increased density and quality amenity.
- Transport and enabling infrastructure – improve connections and unlock housing, employment precincts and strategic projects.
- Health and community infrastructure – invest in infrastructure and services that keep pace with growth and support connected, liveable communities.
The Action Plan is guided by inclusive growth to build community wealth, strengthen local enterprise, support First Peoples self-determination and ensure the benefits of growth are shared across the region.