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Industry-led Gippsland Future Directions Plan To Guide Investment

A clear, assured and innovative roadmap to help lead recovery, revitalisation and regional growth for business and industry in Gippsland is a recognised priority thanks to the development of the Gippsland Future Directions action-plan.

Peak industry advocate, the Committee for Gippsland, commissioned the development of the action plan to help identify ways for Gippsland to adapt, strengthen and prosper by building a sustainable regional economy supported by diverse, long-term investment.

Jane Oakley CEO of the Committee for Gippsland said, “Key regional business and industry players have contributed to this plan and there is genuine expertise, ingenuity and energy behind Gippsland forging ahead to maximise its economic, environmental and social potential.”

Gippsland’s contribution to the state’s economy is well recognised. However, major sectors including energy, forestry, fisheries, ag-dairy and tourism face significant transition as a result of changes in government policy and regulation and, more recently, the COVID-19 pandemic.

“When we consider the ongoing economic contribution of the region’s power industry, its significant,” affirmed Jane Oakley. “The current upgrades to operating unit’s at both Alinta Energy (Loy Yang B) and Energy Australia (Yallourn) are substantial, an investment injection of $80million per unit which is in addition to their hundreds of millions of dollars of operating expenditure that occurs within the region each year.”

The Gippsland Future Directions Plan is about identifying where new investment will come from and mapping a clear pathway to help off-set economic loss and ensure future stability and a standard of living that Gippslanders deserve.

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