none
none

Victoria’s $2.9m boost for technology

31-08-2010
by 
in 
Victoria’s $2.9m boost for technology

 

 

Ted Baillieu … technology grant

The Victorian Coalition Government will invest $2.9 million through the $1 billion Regional Growth Fund towards the University of Ballarat’s $6.4 million Ballarat Technology Park expansion.

Victorian Premier Ted Baillieu said the expansion was anticipated to generate 520 jobs during construction, 1,820 jobs during the operational phase and could leverage capital investment of more than $155 million during the construction works.

“The University of Ballarat estimates the total economic benefit of this expansion to be more than $420 million,” Mr Baillieu said.

The expansion incorporates two projects including the redevelopment and refurbishment of the University’s Brewery Building within the CBD to enable continued growth of technology-based enterprises.

The second project involves development and site construction works for another seven hectares of land at the Mount Helen Technology Park, which was recently rezoned by the Coalition Government for business use.

The University will invest $3.4 million toward the $6.4 million expansion.

Related news & editorials

  1. 20.02.2018
    20.02.2018
    by      In
    An in-depth analysis of the battery industry in Australia has shown that lithium totals a $2 trillion investment opportunity, and despite investment in other kinds of battery technology, Australia must act or be left behind in lithium tech. 
    The Association of Mining and Exploration Companies (AMEC... Read More
  2. 20.02.2018
    20.02.2018
    by      In
    Lockheed Martin Australia has opened a new $12 million Lockheed Martin Australia House on the edge of Canberra’s Parliamentary Triangle. 
    The new office was opened by Defence Industry Minister Christopher Pyne, who said the company has cemented its ongoing commitment to Australia's defence industry... Read More
  3. 20.02.2018
    20.02.2018
    by      In
    Expressions of interest have now opened for trade works on the Osborne Naval Shipbuilding Precinct infrastructure project, promising up to 600 new construction jobs, and ongoing maintenance procedures. 
    Under the project, new facilities will be required to support the continuous build programs for... Read More
  4. 20.02.2018
    20.02.2018
    by      In
    With 'temporary' demountable structures making up more than one-in-ten classrooms in NSW, it is clear the education system is struggling to keep up with expansion. 
    Facing a future with more than five thousand demountables, many of which remain in place for upwards of ten years, the Centre for... Read More