Media Statements - Regional Investment Fund delivering widespread benefits for the Mid-West

8/9/05

The Western Australian Government’s Regional Investment Fund (RIF) has continued to deliver many benefits for the regions, Mid-West Minister Kim Chance said today.

Mr Chance said RIF had funded more than 850 projects, leveraged more than $200million in additional investment and contributed to the creation of more than 4,100 new jobs.

The initial $75million RIF was established to assist with the economic and social development of the regions and to improve the access by regional communities to services.

“It has been instrumental in providing a major boost to infrastructure and business investment through a wide range of economic, social, cultural and environmental projects in the region,” the Minister said.

“Through the fund, we have been able to provide financial assistance for many great projects and ventures in the region, including the Geraldton CBD and foreshore redevelopment.

“Other projects supported include the development of online training courses for enrolled nurses through the Combined Universities Centre for Rural Health, signage for the Gascoyne Murchison Outback Pathways and the West Australian Ballet’s 50th Anniversary Outback Tour.”

Mr Chance said the building of partnerships between industry, community, local and State Governments on worthwhile projects would help to create a viable and sustainable future for the region.

“I encourage regional residents to take advantage of future RIF funding opportunities available through the continued commitment of $80million over four years,” he said.

“The Gallop Government is ensuring regional WA receives its fair share.”

Further information about the Regional Investment Fund is available from the Mid West Development Commission at http://www.mwdc.wa.gov.au or the Department of Local Government and Regional Development at http://www.dlgrd.wa.gov.au/regionDev/financialAssist/RIF.asp

Minister's Office - 9213 6700