Restart NSW funding of more than a quarter of a billion dollars has been dedicated to improving infrastructure in the Illawarra using proceeds from the long term lease of Port Kembla.
This is made up of the Restart NSW Illawarra Infrastructure Fund of $100 million, in addition to $170 million Restart NSW funding for the Princes Highway, giving a total of $270 million Restart NSW investment in the Illawarra region.
Twelve priority infrastructure projects have received funding from the $100 million Restart NSW Illawarra Infrastructure Fund, established by the NSW Government to drive economic growth in the region.
These projects include aged and healthcare facilities, a technology hub, facilities for people with disabilities, pedestrian and cycle links, road links and tourism infrastructure. For more information, please click here
The total value of these jointly funded projects is $190 million, demonstrating the wider economic benefits of this NSW Government program.
As well as an estimated 969 direct jobs created by these projects, there will be at least 647 construction jobs and many more indirect jobs created in the local economy.
To be eligible for funding under the Restart NSW Illawarra Infrastructure Fund, projects needed to be located in Kiama, Shellharbour, Shoalhaven, Wingecarribee or Wollongong Local Government Areas.
Infrastructure NSW also consulted with local leaders and the community at five public forums held across the Illawarra in August and September 2013, to assist the process of determining which projects would receive funding.