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Private sector investment fund opens on Shipwreck Coast, Victoria
The Morrison Government, in partnership with the Andrews Government, is investing in public infrastructure projects that will boost private investment along the Shipwreck Coast through the $23.4 million Private Sector Business Enablement Fund.
The Private Sector Business Enablement Fund is a key component of the $108.15 million Shipwreck Coast Priority Projects, which seeks to support investment in priority projects to improve facilities and help to boost tourism across the region, particularly for when international travel resumes.
The Shipwreck Coast Priority Projects are a series of initiatives funded within the Geelong City Deal -a $382.48 million commitment between the Australian and Victorian governments and the City of Greater Geelong to revitalise the city and regional economy by helping the region to capitalise on its natural assets and encouraging visitors to spend more time in the region.