A commercial and industrial precinct in Valla, which will see up to 1,250 jobs created on the Mid North Coast, has been given the go-ahead today, following the announcement of a $5 million grant from the NSW Government’s Growing Local Economies Fund.
Deputy Premier and Minister for Regional NSW, John Barilaro MP, and Member for Oxley, Melinda Pavey MP, said eight hectares of land will be developed initially, creating serviced industrial lots north of the Pacific Highway’s Nambucca Heads interchange.
“Being between Port Macquarie and Coffs Harbour, midway between Sydney and Brisbane, and adjacent to the newly upgraded Pacific Highway, this precinct will give businesses ready access to transport and markets,” Mrs Pavey said.
“The funding will enable important preparation work for the site, including earthworks, roadworks, storm water drainage, electrical and communications, allowing businesses to easily relocate and create jobs quickly – as many as 125 jobs to start with.
“There is already high demand for industrial land to support growth in the region with strong interest from local operations, and this work will also unlock stage one of the anticipated Valla Urban Growth Area development.”
Mr Barilaro said the NSW Government is acting to ensure regional businesses have the infrastructure they need so they can focus on sustainable growth.
“Today’s funding will help to deliver major new employment opportunities to the Mid North Coast,” Mr Barilaro said.
“I congratulate Nambucca Shire Council and look forward to watching as the site becomes home to a buzzing industrial precinct.”
Development of the first eight hectares of the precinct, which will be co-funded by the Nambucca Shire Council, is expected to be completed in 2020.
The $500 million Growing Local Economies Fund is part of the $1.6 billion.
Regional Growth Fund, which is delivering the economic, infrastructure and lifestyle improvements that make regional NSW a great place to live, work and play.
Growing Local Economies was established under the NSW Government’s Restart NSW fund to improve economic growth and productivity in NSW.
For more information, visit: www.nsw.gov.au/regionalgrowth