The Victorian Liberal Nationals have announced a major policy commitment to deliver the largest ever investment in manufacturing in Victoria’s history, a $2.5billion fund – with $1billion tagged for the regions.
Gippsland East Nationals MP, Tim Bull, said the allocation earmarked for regional Victoria would go a long way to assisting the economic recovery of towns and communities.
“The fact is, that while every other state is growing in population, Victoria’s is in reverse. We had the world’s longest lockdown and will have record debt in comparison to all other states and territories.
“People want to see a plan to recover, to boost the economies that have been hit hardest and there has been no area impacted more than East Gippsland. Coming off drought, into fires and then Coronavirus, our area needs support and this fund will assist greatly.
“We have so many great manufacturing businesses in the region and if I was to mention just two, you have Kennedy Trailers and Patties Foods, both significant employers with plans to expand. However, there are many others, like our Lindenow Valley food producers.
“Growing our manufacturing sector will go a long way to assisting the recovery and there is a growing thirst for local products.
“There will be a focus on health and medicine, clean energy, transport, food and fibre,” said Mr Bull.
“Furthermore, this program will establish an industry led Manufacturing Excellence Taskforce to develop and shape Victoria’s Manufacturing Strategy.
“Instead of debt fuelled major projects for Melbourne, our plan will reinvigorate small and family businesses across the state and help rebuild and support communities from the ground up,” he said.