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Property Council of Australia welcomes Geelong City Deal

The Property Council of Australia has welcomed today’s announcement which will see $370 million invested into Geelong and the broader Great Ocean Road region.

The Geelong City Deal, focused on boosting the region’s tourism infrastructure, formalises a commitment from three levels of Government to a long term vision for the region.

Cressida Wall, Property Council Victorian Executive Director, has commended the announcement. “Our emerging regional cities present great opportunities for Victorians.

The announced plan will see significant infrastructure planning and investment injected into the region over the next 10 years,” said Ms Wall.

 “It is encouraging to see all three levels of Government working together to secure long term outcomes that will facilitate employment growth, new development and bolster the retail and tourism environment into the future.”

The announcement follows an earlier commitment from Minister Tudge which would see two City Deals for Greater Melbourne.

“The Federal Government commitment to further City Deals for Victoria is a positive outcome for the State and we encourage all levels of Government to consider what benefits a City Deal would bring to Melbourne – Australia’s fastest growing capital city.” 

 

Media contact: Emily Young | M 0475 161 328 | E eyoung@propertycouncil.com.au