Annual review of the Economic Development Pillar
The Geelong and the Great Ocean Road City Deal will have a huge impact on our region over the next 10 years.
Works on the $19 million Geelong Waterfront Harbour have already commenced, with demolition of its sailing school and office as part of a project that will reshape the city’s waterfront. The final step is a 250 metre wave attenuator, which will be installed early next year.
Both Point Grey, and the Shipwreck Coast Master Plan implementation are in the midst of planning – both of their project plans will be signed off in early next year.
Work on the Geelong Convention and Exhibition Centre will accelerate in 2020. A project plan for the 1000-seat Geelong waterfront convention and exhibition centre will be finalised by the middle of next year.
In great news for the region, Avalon Airport is taking another step forward with its international operations. A future Vietjet Air service between Avalon and Ho Chi Minh could begin from late 2020, becoming Avalon’s second international route that’s predicted to carry 140,000 passengers annually.
The Pillar is excited with the opportunities that are presented with an Eden Project in Anglesea. Economic modelling shows that the initiative would create over 1,300 new jobs and generate $350 million in the Surf Coast Shire in its first 10 years of operation. As a result, the Eden Project has been recognised as a priority under the Great Ocean Road project, with G21 providing in principle support to the project as it moves through the planning and rezoning approval process.
Also added to the Great Ocean Road project is the $350 million Cape Otway Road Australia (CORA), with G21 providing in-principle support as it moves through the planning approval process. This recognises that the project could be a massive economic driver for the region also.
From G21's Report to the Region