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Regional Victoria 'is key to balancing population'

The answer to balancing Victoria's future population lies within the regional areas, says Peter Ryan.
Regional Victoria is the key to balancing the state's future population growth, deputy premier and minister for regional and rural development Peter Ryan has claimed.

Speaking at the Property Council Victorian Growth Summit in Melbourne, Mr Ryan suggested that the state's coalition government was committed to accelerating growth.

He suggested that its new regional development agenda would support locally driven solutions in a bid to build on positive trends using the Regional Growth Fund.

The $500 million investment, which is allocated until November 2014, is set to continue to create growth opportunities in regional Victoria - which account's for a third of the state's exports.

"It is about strengthening the contribution of our regional cities and rural communities to the state's overall growth and prosperity," he added.

Mr Ryan was on hand to officially open a new 5,800m Agrubusiness Exhibitor Pavillion at the Elmore Field Days yesterday (October 5th), which aims to diversify and broaden use of the site.

Posted by Craig Francis

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