Work will soon get underway on a near million dollar innovative project that will turbocharge job creation and stimulate regional economies, thanks to the NSW Government’s $40 million Regional Job Creation Fund Round Two.
Member for Goulburn Wendy Tuckerman said A & I Coatings at Moss Vale are building a new factory and purchasing more equipment with $100,000 of the $973,000 project provided through the Regional Job Creation Fund.
Speaking in Moss Vale, Mrs Tuckerman said the NSW Government is committed to assisting regional projects such as A & I Coatings expand their operations.
“The Regional Job Creation Fund continues to attract new investment from businesses and enables economic recovery across agriculture and manufacturing industries and ensure they continue to thrive now and into the future.”
“The projects to be delivered under Round Two are prime examples of what the Regional Job Creation Fund was designed to deliver, and I’m thrilled to support these companies in expanding operations and creating new jobs that will support economic growth in our regions.”
Deputy Premier and Minister for Regional NSW Paul Toole said the NSW Government’s $140 million Regional Job Creation Fund is on track to create over 6,500 new direct jobs in regional NSW by helping businesses expand production and provide incentives to move operations to the bush.
“The Regional Job Creation Fund continues to attract new investment from businesses and enable economic recovery across agriculture, manufacturing and tourism industries and ensure they continue to thrive now and into the future,” Mr Toole said.
“This fund allows businesses to fast-track their growth plans, expand their operations and creates a solid base for job creation in regional NSW.
“This funding exemplifies the NSW Government’s commitment to build robust regional economies, which is giving businesses, employees and their families confidence in the growth and prosperity of regional NSW.”
Under the Regional Job Creation Fund, eligible businesses could apply for grants to support the purchase of new equipment, expand facilities, create new iconic tourist experiences and visitor attractions or relocate businesses from out of state to regional NSW, which will lead to the creation of new jobs.
For more information, go to: www.nsw.gov.au/RJCF.