An air­port for Mel­bourne’s eastern sub­urb res­i­dents will be built by Vic­to­ria’s Paragon Pre­mier In­vest­ment Fund

ABC (Australia) - - CONTENTS -

An air­port for Mel­bourne’s eastern sub­urb res­i­dents will be built by Vic­to­ria’s Paragon Pre­mier In­vest­ment Fund af­ter a busi­ness plan was re­cently pre­sented to the Vic­to­rian Govern­ment.

The air­port will ini­tially run freight be­fore run­ning com­mer­cial pas­sen­ger flights and will be lo­cated be­tween Koo Wee Rup and Lang Lang – also mak­ing it handy to people liv­ing in re­gional towns in Eastern Vic­to­ria.

The cost of the project is still un­known, but Paragon re­port­edly has ten­ta­tive ap­proval for a loan of $7 bil­lion to fi nance it.

The Vic­to­rian Govern­ment needs to clas­sify the air­port as nec­es­sary in­fra­struc­ture in or­der for the fi­nancers to ap­prove the pro­posed loan.

The Shire of Car­dinia iden­tifi ed sev­eral lo­ca­tions be­tween Koo Wee Rup and Lang Lang ( both ap­prox­i­mately one hour from Mel­bourne by road) as po­ten­tial sites for an air­port way back in 2013.

The new air­port could ser­vice a third of Vic­to­ria’s pop­u­la­tion, in­clud­ing the 300,000 res­i­dents of Gipp­s­land. It would have the ben­e­fit of good trans­port con­nec­tions and the po­ten­tial for fu­ture rail ac­cess.

The south­ern and eastern re­gions of Mel­bourne are pro­jected to grow by up to one mil­lion res­i­dents in the pe­riod to 2050, bring­ing the pop­u­la­tion catch­ment of a south- east air­port up to around three mil­lion - the same as south- east Queens­land.

“The new air­port could ser­vice a third of Vic­to­ria’s pop­u­la­tion”

Above: A third air­port for Mel­bourne would cater to people liv­ing to the east of the city and in re­gional ar­eas in the eastern side of the state

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