$10 MILLION INVESTMENT TO LOCK IN CENTRAL WEST INDUSTRIAL PARK
The NSW Government has committed $10 million to deliver the final stage of the Central West Industrial Park in Forbes.
Deputy Premier and Minister for Regional NSW Paul Toole said the final stage would involve construction of remaining infrastructure, as well as the installation of gas, electricity and water infrastructure, and the installation of NBN.
“By investing in projects like this, the NSW Government is helping to strengthen economic growth and drive the state’s recovery from COVID-19,” Mr Toole said.
Nations Upper House MP Sam Farraway said the project was a game-changer for the region and ensures Forbes will be ready for growth and investment in the future.
“This project is extremely timely given the tremendous growth predicted for Forbes over the next 20 years. Forbes Shire population is expected to increase by 32% (one third) making it one of the top 20 areas of growth in NSW.”
Forbes Shire Mayor Phyllis Miller OAM welcomed the funding from the NSW Government, saying the Central West, which boasts access to the most affordable water in the region, is ripe for the development of businesses reliant on water.
“Strategically located on the Newell Highway, halfway between Melbourne and Brisbane, with approved B Double access to the site, it presents great benefits for industrial developments,” Mayor Miller said.
“This Industrial Park will provide high speed internet and access to new utilities to set up businesses with minimal red tape.
“This is a major boost for our growing community and the whole Central West.”
The funding builds on the $4 million contribution from the Australian Government’s Regional Recovery Partnerships program for the initial stage of the project.
This $14.5 million project is funded in partnership with the Federal Government, NSW Government and Forbes Shire Council.