Data and information about public, private and joint-venture investment in major projects across the City of Greater Geelong is being made available through a Major Projects dashboard on the Geelong Data Exchange.
The dashboard will make it easy to understand the major projects planned, approved, underway or recently completed in the Greater Geelong region.
The dashboard allows users to explore the number and value of major projects by project type and status. It includes a heatmap showing where investments are located and a list of the top 20 projects by value.
The data would assist in the development of business cases for current and potential investors, as well as building community and business confidence in the region.
Key statistics from the dashboard:
- 138 major projects (defined as having a value of more than $10 million) are in the investment pipeline
- 44 percent of these projects are approved, underway or recently completed
- the remaining 56 percent or $6.4 billion in projects are in the planning stages
- $1.2 billion investment in public buildings and utility projects
- $758 million investment in the medical and health industry
- $606 million investment in industrial and commercial development
- $569 million investment connected to the tourism and hospitality industry.
The major projects dashboard was developed by the Economic Development and Smart Cities teams to showcase investment in the City of Greater Geelong using data from Cordell by CoreLogic.
For feedback and suggestions please email [email protected] or phone 03 5272 4888.
Deputy Mayor Trent Sullivan
The new dashboard shows projects worth $11.4 billion are being delivered across the municipality, which is a clear sign of confidence in our regional economy.
Major projects create jobs across the region while delivering the facilities we need to support our growing population.
Road and transport related projects make up $5.7 billion worth of these major projects, which shows there is a large infrastructure pipeline of projects that will create jobs and stimulate the economy.
Councillor Peter Murrihy - Innovative Solutions portfolio chair
The level of investment reflects that Geelong is the fastest growing regional city in Australia and is an attractive place to invest and live.
Investment in major projects has a positive impact on both direct and indirect jobs in the Geelong community. These major projects demonstrate there is business confidence in Geelong despite the challenging economic environment.