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Economic Diversification Fund projects announced

Mar 21, 2016

A multi-million dollar restoration of a heritage building in Roebourne and a two-year program of creative initiatives will share in an allocation of funding under the Pilbara Cities Economic Diversification Fund through the State Government’s Royalties for Regions program.

Announced by the Minister for Regional Development on Friday, the Victoria Hotel Restoration project in Roebourne and FORM’s Building a State of Creativity project have received $2 million and $1 million respectively.

Pilbara Development Commission Acting Chief Executive Officer Terry Hill said the Pilbara’s reputation as a mining region was set to change.

“This is a sign of things to come for the Pilbara,” Mr Hill said.

“We are on a journey towards a more diversified economy to support our vibrant and liveable communities.”

Once restored, the Victoria Hotel is set to become a symbol of strength and new beginnings for Roebourne, the oldest town in the North West which celebrates its 150th anniversary later this year.

The Yindjibarndi Aboriginal Corporation (YAC) purchased the heritage asset in 2013 with a vision to increase commercial confidence in Roebourne through positive change.

“Our vision is to create a place where Aboriginal people can feel empowered to work and celebrate their culture,” Mr Michael Woodley, Chief Executive Officer of YAC said.

The FORM project is an innovative two-year funding agreement that will deliver substantial economic diversification and capacity building through tourism, small businesses, creative industries and Aboriginal business development.

FORM Executive Director Lynda Dorrington said they were grateful for the investment.

“The success of this particular grant will enable significant programs to be developed which will have long term benefit to the Pilbara community,” Ms Dorrington said.

The Pilbara Cities Economic Diversification Fund is delivered by the Pilbara Development Commission. The remaining projects identified for the $30 million fund are currently in their final stages of assessment.

Click here to view the announcement from the Minister for Regional Development.

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