The Victorian Planning Authority (VPA) and Department of Environment, Land Water and Planning (DELWP) are to action an accelerated work program, unlocking approximately $18.8 billion in estimated economic value by mid-2021.
The Authority said it would accelerate the progression of projects through the planning and development pipeline to permit and shovel ready stages.
“The VPA will fast track 19 planning and infrastructure projects that are currently on our Business Plan to unlock land for around 89,200 homes and 107,340 jobs across Victoria,” the VPA said.
“This program will provide certainty for communities, a pipeline of development for industry and future jobs and homes for Victorians as the economy recovers from the impact of the COVID-19 pandemic,” it said.
VPA said that in order to complete the projects in a streamlined and timely manner the Minister for Planning had appointed a VPA Projects Standing Advisory Committee to consider and resolve outstanding issues.
“This Committee will provide independent and timely advice on draft planning scheme amendments for the VPA and Minister’s consideration,” it said.
The Authority said it was working with DELWP, Planning Panels Victoria (PPV) and the Minister for Planning to deliver projects that were considered significant to the economic recovery of the State.