- $76 million fund launched to support regional jobs in future industries across regional Queensland
- The Regional Transformation Strategies Transformation will fund 59 projects identified as priorities by regional communities
- New and emerging industries with a focus on renewables and decarbonisation will attract key investment
The Miles Government is backing a new wave of economic development and jobs in regional Queensland with a $76.4 million strategy to support industries of the future.
The Regional Economic Strategies launched today will support 59 jobs-generating State Government and Council-led projects in four regional areas.
The strategies have been co-designed with regional communities to guide economic diversification and energy transformation projects and includes:
- $22.05 million for 19 projects in North West Queensland;
- $20.03 million for 18 projects in the Darling Downs, South West and South Burnett region;
- $17.7 million for 14 projects in Central Queensland; and
- $16.62 million for eight projects in the Greater Whitsunday region
These regions are home to traditional, primary industries that today are a significant source of economic activity and jobs. They also have unique opportunities to support newer industries like critical minerals, renewable energy, hydrogen and biofuels, which will thrive in a decarbonised world.
Regional Transformation Strategies have been co-designed with community leaders, including local governments, to identify key economic strengths and industry priorities based on the unique geography, resources and workforce skills of each region.
The $76.4 million in funding is being drawn from the State Government’s $200 million Regional Economic Futures Fund.
