Geelong to be first Victorian City Deal following MOU
Geelong will be the first Victoria city to enter a City Deal following the signing of a Memorandum of Understanding between the Australian and Victorian Governments to cooperate on development of City Deals.
The aim of the Geelong City Deal will be to harness the strengths and opportunities in the local economy to help deliver new jobs and make the area a better place to live and work.
Areas of focus will include improved transport links in the region, revitalising the Geelong city centre, ensuring the Great Ocean Road reaches its full potential, and supporting innovation and the growth of knowledge industries.
Geelong is Australia’s second fastest growing city behind Melbourne, with its population forecast to grow by 34 per cent from 2011 to 2031.
City Deals bring together the three levels of government, the community and private enterprise to create place-based partnerships to accelerate growth and job creation, stimulate urban renewal and drive economic reforms.