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Investment in transport key to West Dapto development

Release Date: 11/10/2016

The IPART assessment of the Wollongong City Council’s Draft West Dapto Contribution Plan which applies to the West Dapto Urban Release Area (WDURA) underlines the importance of shared investment in transport and essential infrastructure to future housing affordability and the economic development of the region.

Illawarra Business Chamber Executive Director, Chris Lamont, said the Draft Contribution Plan (CP) indicates West Dapto is expected to be home to more than 56,500 residents and will provide more than 8,500 jobs by 2070.

According to the Contribution Plan, transport infrastructure accounts for $893.6 million or 73% of the land and works costs. This cost is attributed to the extensive upgrade to the road network required as the area is highly prone to flooding.

IPART found that most of the infrastructure proposed in the plan is reasonable in terms of nexus and cost but recommended Council pursue alternate funding arrangements for some of the infrastructure and revisions to costing methodology in other areas.

“The report from Council and the IPART report establish the importance of each level of government working together to fund the cost of essential infrastructure necessary to support new development”.

The IBC understand that Council will seek funding under the Local Infrastructure Growth Scheme (LIGS) to meet the cost of essential infrastructure required to support the planned development.

“The provision of affordable and well serviced communities relies on funding contributions from all levels of government”.

“Without such partnerships the cost of essential infrastructure is passed to either local government or private citizens and this can have devastating consequences for housing affordability and can needlessly delay employment and business growth.” said Chris Lamont

Media Contact: Sharon Wingate 4223 0303

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