Penrith Lakes moves a step closer to being one of NSW’s key tourism, recreation and sporting destination with the NSW Government investing $15 million to progress the development of the area and the Penrith Lakes Development Corporation transferring almost 200-hectares of conservation Land to the Government.
Stuart Ayres MP, Member for Penrith said the $15 million investment, part of the NSW Government’s $5 billion WestInvest Program, will allow the Government to collaborate and coordinate with key stakeholders to progress the important project.
“The $5 billion WestInvest program is funding transformational infrastructure projects across Western Sydney, home to one of the fastest growing and most diverse populations in the nation,” Stuart Ayres said.
“Through WestInvest, we have a real opportunity to address access to open spaces as well as cultural, recreational and lifestyle facilities that will unlock future economic growth in the region and improve the health and wellbeing of Western Sydney’s residents.
“That’s why the NSW Government has allocated $15 million to the Western Parkland City Authority to collaborate and coordinate with key stakeholders to progress the development of the Penrith Lakes precinct as a key tourism, recreation and sporting destination.
“Penrith Lakes is an important part of our community and the NSW Government is working on ensuring the best future for this area,” Stuart Ayres said.