NSW Government Delivers $9.9m for Nexus Industrial Estate
Monday 22 October 2018
AlburyCity has welcomed news that the NSW Government will pump almost ten million dollars into works that will supercharge growth and development at the NEXUS Industrial Precinct, the city’s manufacturing, transport and logistics hub.
Premier Gladys Berejiklian and the Member for Albury, Greg Aplin, have announced funding of $9.9 million to supply gas to the precinct and develop the southern ramps connecting Davey Road to the Hume Highway.
AlburyCity Mayor Kevin Mack said the improved access and energy supply would open the way for the centre at Ettamogah to develop into a round-the-clock industrial precinct, creating thousands of jobs over the long term.
“This support from the NSW Government is a massive boost to our ongoing work to develop NEXUS into a national and international operation that will enable more businesses to invest in our region, creating jobs and growth that will benefit the entire community,” he said.
“It’s set to ensure we achieve our aim of making NEXUS a powerhouse of the southern NSW economy, harnessing all the benefits of our competitive location within the Sydney-Melbourne-Adelaide logistics triangle.”
Lots are now selling in stage one of the NEXUS sub-division, offering opportunities to develop large scale and heavy industry in a specialised location, at the heart of national freight routes. Customisable land options are available to meet differing development needs.
The 450-ha site is suitable for 24/7 operations, with access to 75 per cent of the national population by next-day delivery.
The latest funding package – delivered under the Growing Local Economies Fund - brings the NSW Government’s total investment in the precinct to almost $19 million, following previous investments in rail and road upgrades.
Recognising the importance of the project to the wider economy, AlburyCity's investment of $14.2 million into NEXUS will fund the subdivision work and services augmentation to the site.
An application has been lodged this month with the Federal Government to secure the additional funds required for completion of the Davey Road Interchange southern access ramps via the Building Better Regions Fund. Council will await the outcome of this application and work with all levels of government to realise the vision for NEXUS.