LandCorp will provide $2 million to the Mid-West region over the next two years.
In a joint statement today, Mid-West Minister Ian Taylor and Planning Minister David Smith said the funding would be directed to a number of projects in the area.
These projects would support current efforts of the Mid-West Development Authority.
"With the growing problem of urban sprawl in Perth, it is important to offer appealing alternative living and employment opportunities throughout the State," Mr Smith said.
"LandCorp is keen to assist regional centres in the development and beautification of their central and waterfront precincts.
Mr Taylor said the funding would include $300,000 to develop the area adjacent to the Geraldton foreshore.
"The work will complement the already well-established port and commercial centre," Mr Taylor said.
"Geraldton is one of the State's most important regional centres and the upgrading of the area near the foreshore will enhance its appeal."
Mr Taylor said the Government's strong commitment to employment generation was evidenced by the LandCorp funding for industrial land planning and development.
LandCorp funding would also include $100,000 to investigate the proposed Oakajee industrial site at Geraldton.
If the investigation results were satisfactory and the site had the community liaison committee's full support, LandCorp would spend up to $1.5 million during the 1993-94 financial year to purchase the site.
LandCorp was represented on the community liaison committee and it was already working closely with people of the region on the Oakajee project.
"LandCorp will also provide $100,000 over the next two years towards the beautification of the existing industrial park at Narngulu," Mr Smith said.
"It is hoped that local businesses will make a similar contribution in cash and kind.
"The proposed board of management for the industrial park will oversee implementation of the landscaping program."