The first sod has been turned on the Coffs Harbour Airport Enterprise Park following a $10 million funding boost from the Federal Government.
The park, owned by the Coffs Harbour City Council, aims to encourage businesses to relocate to Coffs Harbour and provides opportunities for existing enterprises to expand.
Federal funding has been used to build roads, drainage infrastructure and services so that business tenants can move into the 98-lot development.
Deputy Prime Minister and Infrastructure, Transport and Regional Development Minister Michael McCormack said the investment will create jobs throughout the North Coast during the construction of roads, drainage, water, sewer, electricity supply and telecommunications services, landscaping, street lighting and earthworks at the 43-hectare site.
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Coffs Harbour City Council provided initial funds towards the $25 million project after the Northern Joint Regional Planning Panel approved the Enterprise Park’s Development Application in July 2017.
Coffs Harbour Mayor Denise Knight said the Enterprise Park will boost the local economy and establish another sustainable economic asset for the community.
“With the ink now dry on the Grant Funding Agreement, this is an exciting time for the city. The new Enterprise Park is targeted at bringing new businesses, new opportunities, new families and new jobs into the region,” Knight said.
The Federal Government’s Regional Growth Fund has so far provided 17 grants of $10 million or more to councils and organisations throughout Australia for transformational projects that support economic growth.