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Victorian Liberal Nationals announce commitment to deliver largest ever investment in manufacturing

The Liberal Nationals are proposing a $1 billion fund to encourage businesses to bring facilities and jobs back to Victoria, grow local manufacturing and boost innovation economy.

By news@gippsland - 6th December 2021 - Back to News

The Victorian Liberal Nationals have announced a major policy commitment to deliver the largest ever investment in manufacturing in Victoria's history, a $2.5billion fund - with $1billion tagged for the regions.

Gippsland East Nationals MP, Tim Bull, with Kennedy Trailers' CEO, Cory Kennedy, The Bairnsdale company is producing 16 large trailers per month to national buyers, they employ over 50 people and have plans for expansion, a great example of a family owned business at the forefront of its industry nationally

Plan to recover

Gippsland East Nationals MP, Tim Bull, said the allocation earmarked for regional Victoria would go a long way to assisting the economic recovery of towns and communities. "The fact is, while every other state is growing in population, Victoria's is in reverse. We had the world's longest lockdown and will have record debt in comparison to all other states and territories."

"People want to see a plan to recover, to boost the economies that have been hit hardest and there has been no area impacted more than East Gippsland. Coming off drought, into fires and then Coronavirus, our area needs support and this fund will assist greatly."

Assisting the recovery

Mr Bull also said, "We have so many great manufacturing businesses in the region and if I was to mention just two, you have Kennedy Trailers and Patties Foods, both significant employers with plans to expand. However, there are many others, like our Lindenow Valley food producers."

"Growing our manufacturing sector will go a long way to assisting the recovery and there is a growing thirst for local products. There will be a focus on health and medicine, clean energy, transport, food and fibre."

Program to establish industry-led manufacturing

Mr Bull said, "Furthermore, this program will establish an industry-led Manufacturing Excellence Taskforce to develop and shape Victoria's Manufacturing Strategy. Instead of debt fuelled major projects for Melbourne, our plan will reinvigorate small and family businesses across the state and help rebuild and support communities from the ground up," he said.

One of them is The Bairnsdale company, producing 16 large trailers per month to national buyers. They employ over 50 people and have plans for expansion. A great example of a family owned business at the forefront of its industry nationally.

Pictures from Tim Bull MP website {link: title=" Thank you to Tim Bull MP timbull.com.au/ "}

Source: www.gippsland.com

Published by: news@gippsland.com