The regional funding windfall will be available to projects delivered through the Restart NSW program, which is now funded to a total of $2 billion. The Government re-directed proceeds from the long-term leasing of Port Botany and Port Kembla to supplement the infrastructure program.
Deputy Premier and Minister for Regional Infrastructure and Services Andrew Stoner said the budget secures the future for regional communities by investing in high-quality infrastructure and services.
“Through Restart NSW, we will deliver an additional $940 million in new funds for infrastructure projects, on top of our record infrastructure spend”, Mr Stoner said.
Other infrastructure development highlights for regional communities include:
- $87 million allocated to the Resources for Regions Program.
- $325 million added to the Water Security for Regions Program.
- $110 million for regional tourism infrastructure works – including expanding regional airports and interstate rail infrastructure.
- $200 million funding for a Regional Freight Pinch Point and Safety Program to improve regional freight corridors.
- $50 million to establish a new Western NSW Freight Productivity Program.
- $37.5 million for the Fixing Country Roads Program, aimed at improving regional roads managed by local government.
“We are delivering enormous benefits to mining affected communities under these programs”, Mr Stoner said.