THE state government has committed to spending $16 million on infrastructure works at Mount Penang Parklands, in Kariong, if re-elected.
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Parliamentary Secretary for the Central Coast, Scot MacDonald, said the works would include road upgrades, sewer and water infrastructure, commuter and event parking, and stormwater management.
The improvements would allow Hunter and Central Coast Development Corporation (HCCDC) to "unlock significant development opportunities" for the region, he said.
Mr MacDonald said the investment would unlock employment land and was estimated to drive the creation of more than 3000 ongoing jobs, and about $200 million in private-sector investment.
“The investment delivers new and improved accesses to two justice facilities and a high school; the potential for expansion of the very successful National Aboriginal Islander Skills Development Association; and will allow the Mount Penang Gardens and Festival space to attract more cultural and community events to the Central Coast region,” Mr MacDonald said.
Mount Penang Business Park would capitalise on its strategic location between Sydney and Newcastle to provide access to major metropolitan areas particularly when the $3 billion NorthConnex tunnel was completed, he said.
The Central Coast has up to 30 per cent lower establishment costs per hectare than comparable areas to the west and south of Sydney, Mr MacDonald said.
“The Central Coast Regional Plan highlights population is expected to grow by 75,000 over the next 20 years."
The Regional Plan highlighted as Goal 1 a prosperous Central Coast with more jobs close to home.
Visit hccdc.nsw.gov.au/projects/mt-penang-parklands for details.