The New South Wales government has allocated A$100 million ($79.4 million; €67.4 million) from the A$1.3 billion Regional Growth Fund to an infrastructure-focused vehicle to finance a revamp of sports facilities in the state’s regional areas.
The Regional Sports Infrastructure Fund is calling for proposals with investment values of more than A$1 million. “It could be a sporting facility capable of hosting regional, state or national championships, a regional sporting hub or a multi-purpose facility,” said Stuart Ayres, Minister for Sports.
Local government entities, state sports groups, community-based not-for-profit sporting organisations, educational institutions and private companies are eligible to apply for funding.
Deputy Premier and Minister for Regional NSW John Barilaro said it is now open for applications and will build upon the investments already being made in regional NSW.
The Regional Growth Fund aims to invest in regional infrastructure, such as stadiums, community facilities, playgrounds, cultural centres and telecommunications, through six sub-funds.
The NSW government is working on delivering the A$360 million Western Sydney Stadium, with A$60 million in contracts recently awarded to local suppliers for project development and construction. The 30,000-seat facility is due to open in 2019.
The state government also bought back the ownership of ANZ Stadium from local fund manager Infrastructure Capital Group in July 2016, as part of its plan to redevelop stadiums in the region.