Regional NSW Investment Attraction Strategy 2022-2027
Proway Livestock Equipment’s growing success was thrust into the spotlight as the NSW Government unveiled a $145 million regional investment strategy on Thursday.
In recognising the achievements of the Committee 4 Wagga member, Proway was labelled a “home-grown story” during the launch of the initiative at Wagga’s Special Activation Precinct (SAP).
Deputy Premier Paul Toole (second from left) and Member for the Legislative Council Wes Fang (third from right) are joined by (from left) Committee 4 Wagga secretary David Bardos, board member Sam Beresford, Wagga Wagga Mayor Dallas Tout and C4W chief executive officer Scott Sanbrook at the announcement of the Regional NSW Investment Attraction Strategy 2022-2027 at Wagga’s Special Activation Precinct on Thursday.
Deputy Premier Paul Toole inspected the progress at the SAP after announcing the Regional NSW Investment Attraction Strategy 2022-2027.
He spoke on how the strategy would promote $1 billion in private investment and create 15,000 jobs regionally over the next five years.
“This strategy will transform and turbo charge regional NSW,” the Deputy Premier told the gathering, which included Committee 4 Wagga secretary David Bardos, board members Samantha Beresford and Rebecca Hardy as well as chief executive officer Scott Sanbrook.
NSW Government would be offering $110 million in grants to encourage the private investment.
Proway managing director Paul Gianniotis gave an address at the launch, providing an insight to how State Government initiatives can boost emerging businesses.
Paul said the assistance of the Regional Job Creation Fund had played an important role in Proway’s expansion interstate and ultimately overseas.
He added that the SAP had been a “leap of faith” by Wagga Wagga City Council, with scope for further momentum courtesy of the new investment strategy.
Paul expects the SAP to increase manufacturing capacity by one-third and to make local businesses globally competitive.
He is particularly looking forward to the concierge service and collaborating with other businesses.
Wagga Mayor Dallas Tout welcomed the Deputy Premier’s announcement as he described the SAP as a “once-in-a-generation change”, while Member of the Legislative Council Wes Fang said businesses are perfectly placed to take advantage of the government funding.
Department of Regional NSW executive director Ian Smith (second from right) shows off the Regional NSW Investment Attraction Strategy 2022-2027 along with (from left) Committee 4 Wagga chief executive officer Scott Sanbrook, board member Sam Beresford and secretary David Bardos.