$5 billion Westinvest Fund to rejuvenate Western Sydney
Stuart Ayres MP, Member for Penrith & Minister for Jobs, Investment and Tourism, joins Clinton Maynard to discuss the announced $5 billion Westinvest Fund to rejuvenate Western Sydney communities and boost jobs.
The fund is aimed to help western and south-western Sydney families and residents build new and improved facilities and local infrastructure to help communities hit hard by COVID-19.
The new WestInvest Fund will allocate $3 billion for future projects across six areas:
- Parks, urban spaces and green space;
- Enhancing community infrastructure such as local sporting grounds;
- Modernising local schools;
- Creating and enhancing arts and cultural facilities;
- Revitalising high-streets;
- Clearing local traffic.
Minister for Jobs, Investment and Tourism and Western Sydney Stuart Ayres said the funding injection would be a game-changer and a catalyst for growth.
“The pandemic has hit Western Sydney hard, and highlighted important opportunities to deliver new facilities and amenities that will make life better for locals now and into the future,” Mr Ayres said.
“Sydney’s West is a rich mix of new and old, with a huge cross-section of cultures and people from all walks of life and this funding will help provide a big kick start as the region recovers.
“From school upgrades to sporting fields, and clearing traffic to making town-centres shine, we want to revitalise and renew the region for the benefit of everyone who calls it home.”
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