Media Release: $10m Bwgcolman Retail Centre Open for Business

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The Hon Michael McCormack MP
Deputy Prime Minister
Minister for Infrastructure, Transport and Regional Development
Leader of The Nationals
Federal Member for Riverina

Phillip Thompson OAM MP
Federal Member for Herbert

 

$10m Bwgcolman Retail Centre Open for Business

Palm Island locals are set to benefit from improved retail offerings with the opening of Stage 2 of the Bwgcolman Retail and Business Precinct today, which received nearly $10-million of Federal Government Funding.

Federal Member for Herbert Phillip Thompson said the project, which will provide 570m2 of retail space and 570m2 of commercial space, would bring major economic benefits to Palm Island.

“This is a major win for the community of Palm Island,” Mr Thompson said. “Until now there has been limited access to basic supplies without having to travel to the mainland.

“Not only will this facility make everyday life more convenient for locals, it will also have massive flow-on economic benefits the wider community. It’s already created 12 jobs during construction, and another 40 are expected to come online here.

“Having a modern and diverse offering for visitors will also be a catalyst for growth in attracting tourists to the island.”

Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the Australian Government’s $9,994,432 investment in community infrastructure would provide long term benefits to Palm Island.

“In addition to making the region a more attractive place to live, this investment will also produce long-term economic benefits to the region by increasing the number of new businesses which in turn creates job opportunities and additional flow-on economic advantages,” Mr McCormack said.

This project received $9,994,432 in funding from the Australian Government under the Building Better Regions Fund.

ENDS

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