The New South Wales Government has announced 82 infrastructure projects across the state worth around $430 million under the State Government’s Local Infrastructure Renewal Scheme (LIRS).

 

The scheme allows for councils to borrow funds from the State Government with a four per cent interest subsidy for up to 10 years to pay for backlog infrastructure projects, such as roads, bridges, water facilities and airports.

 

The subsidies were granted in the first round of the scheme, which, when complete, will have unlocked $1 billion in funding for shovel-ready projects across the State.

 

“With the first round of subsidies complete, $60 million still remains for further applications of the scheme for other vital infrastructure projects,” State Minister for Local Government Don Page said.

 

The largest project rolled out under the scheme was for a $42.5 million water treatment facility in Wagga Wagga. Other projects included a $14.6 million bridge over the Hastings River at Port Macquarie; $20 million to upgrade community infrastructure in Parramatta; $7.3 million to strengthen Ballina Byron Gateway Airport’s runway; $3 million for roads in Shellharbour and a $1.8 million facelift for Earlwood’s town centre.