Leading transport and logistics company, Visy Logistics has signed on as a cornerstone investor in the Wagga Wagga Special Activation Precinct.
As part of the partnership Visy Logistics will also manage the $40 million Riverina Intermodal Freight and Logistics (RiFL) hub.
The development of the RiFL hub is a key consideration of the Wagga Wagga Special Activation Precinct draft master plan (which is currently on public exhibition here). Together, the hub and precinct are expected to attract new investors, industries, technologies and create thousands of new jobs for the region.
Deputy Premier and Minister for Regional NSW, John Barilaro, congratulated Wagga Wagga City Council and Visy Logistics on the deal.
“Last year I announced plans for a Special Activation Precinct and a Growing Local Economies fund grant to improve transport, utility and data connections in Bomen business park, allowing businesses to be more productive, boost their bottom line and making Wagga an ideal location for an inland port,” Mr Barilaro said.
“This agreement between Wagga City Council and Visy Logistics represents a massive step forward for industry and people in the region and I am thrilled the NSW Government has been able to help bring the grand vision for the Riverina Intermodal Freight and Logistics Hub to life.”
The advantages of the RiFL Hub include:
- Direct access to the $10B Inland Rail network.
- Businesses will have the benefit of moving their freight to 80% of the Australian population in under 32 hours.
- Increased freight efficiencies and opening the Riverina Murray region to new trade opportunities.
- Direct rail interface and capability to service an 1800m train configuration.
- Business expansion (new jobs), cross border and international investment.
- Better access to domestic and international freight markets.
- Improved digital connectivity.
Advantages of the Wagga Wagga Special Activation Precinct outlined in the draft master plan are:
- 30-day planning approvals, saving businesses and investors time and money
- Direct access to the RiFL hub and Inland Rail network
- Opportunity to become a green hydrogen hub, powered by sustainable energy
- The creation of a circular economy, where one business’ waste becomes another’s resource
- Special planning conditions through new ‘State Environmental Planning Policy’ (SEPP) legislation
Special Activation Precincts are driven by the $4.2 billion Snowy Hydro Legacy Fund which is dedicated to delivering transformative infrastructure to regional NSW.
Click here for more information about Special Activation Precincts.
Click here for more information from Wagga Wagga City Council about the RiFL hub.