The Victorian Government has promised 3700 jobs by allocating $2.7 billion to new construction works to cushion the impact of COVID-19 on the state’s economy.
As part of the first stage of Victoria’s new Building Works package, $1.18 billion will be slotted into education infrastructure projects, which is forecast to create 1600 local construction jobs.
With an aim to get the economy back on its feet as fast as possible, the Victorian Government has prioritised building projects that are ready to begin in a matter of weeks.
“We’re getting to work on hundreds of new projects across the state, meaning shovels in the ground – and boots in the mud – within a matter of weeks and months,” Victorian Premier Daniel Andrews said.
“From upgrading our roads and rail, to critical maintenance for social housing and new projects for our tourist destinations, this package will create jobs for our local tradies and so many others – and support local businesses all over Victoria.”
Ten new schools will be built along with upgrading and modernising a further 57 schools across the state.
Public and community housing will be given $500 million for upgrades in 23,000 dwellings, along with building 168 new homes.
Victoria’s tourism sector, which has faced severe hardship during COVID-19, will be allocated $382 million for a number of projects, including 50km of mountain bike trails in Ararat Hills and works at the Gippsland Lake. The State Government is expecting this area to stabilise jobs in regional Victoria.
The transport sector will also receive $328 million in upgrades, which in part will cater towards 300km of regional track improvements.
Critical upgrades to Country Fire Authority and State Emergency Services stations will also be provided under the package, valued at $100 million.
“We’ve always said Victoria is the engine room of the nation – with this package, we’re cranking the engine and kickstarting our economy,” Victorian Treasurer Tim Pallas said.