Media Statements - Regional Investment Fund delivers widespread benefits for Goldfields-Esperance

07/09/05

The Western Australian Government’s Regional Investment Fund (RIF) has continued to deliver many benefits for the regions.

Goldfields-Esperance Minister John Bowler 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,” Mr Bowler said.

"Through the fund, we have been able to provide financial assistance for many great projects and ventures in the region, including the upgrade of the main street in Leonora and the provision of infrastructure for the Dundas Woodlands Discovery Trail between Hyden and Norseman.

“Other projects include the Perth International Arts Festival’s Regional Program and the Croc Festival for youth in Kalgoorlie.

“Importantly, we have also been able to provide vital support to the Ilkurlka, Laverton and Kalgoorlie indigenous communities.”

Mr Bowler 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.”

Further information about the Regional Investment Fund is available from the Goldfields-Esperance Development Commission at http://www.gedc.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 6500