The Latrobe Valley Transition Committee (LVTC) has released a report that aims to guide the ongoing diversification of Victoria’s Latrobe Valley economy.

 

The report identifies a number of opportunities to help the region grow and diversify the area’s industry and labour market.

 

Federal Minister for Regional Development, Simon Crean, said the Commonwealth was committed to working in partnership with the Victorian Government and local leaders to continue to develop a plan for the economic diversity of the region.

 

"Despite political differences over carbon pricing, we are taking a bipartisan approach to building jobs and skills for the Latrobe Valley and diversifying the regional economy," Mr Crean said.

 

Mr Crean said the partnership between all levels of government, business and the community is facilitating the development of regionally coordinated and strategic responses – developed by the community – which contribute to the sustained economic, social and environmental wellbeing of the Latrobe Valley and Gippsland region.

 

"The LVTC report has identified the practical solutions to diversify the economic base. With a partnership approach from the three levels of government, and where appropriate, the private sector, the Latrobe Valley will diversify and transition its economy," Mr Crean said.

 

The full report can be found here