| • Successful implementation of WAMA would make substantial contributions to the objectives of both the Grampians Economic Development Plan (Grampians Regional Development Australia) and the Grampians Tourism Inc. strategic plan.
• The WAMA organisation structure appears to be well founded; having engaged volunteers and other
stakeholders from a diverse range of professional, artistic, technical and business
backgrounds.
• WAMA is likely to attract international, Victorian and other Australian visitors, as well as regular interest from residents of the Grampians region in the ‘package’ of experiences. It is also likely to attract a wide range of market segments with a specific interest in one or more aspects of the complex. |
• It is estimated that the construction of WAMA will require capital expenditures of $22 million, of which $15.6 million will be in building and facilities construction and $6.4 million will be in site development works. The estimated short-term jobs are 68 full-time equivalents. Total estimated regional economic contribution from the construction phase of WAMA is $27.9 million and 92 short term full-time equivalent jobs.
• Economic contribution estimates have modelled visitation to WAMA over three stages of development (Stage 1 being years 1 to 5, Stage 2 being years 6 to 10, and Stage 3 being beyond 10 years). These visitation levels are: Stage 1: 89,000 visitors per annum; Stage 2: 182,500 visitors per annum; and Stage 3: 256,700 visitors per annum. |
• Following implementation it is estimated that the complex would make an annual regional economic contribution of $13.06 million and 46 full-time equivalent jobs during its Stage 1 years, and $29.43 million and 103 full-time equivalent jobs during Stage 3 (beyond
year 10).
• WAMA is an entirely appropriate economic development initiative in the context of the transitioning Northern Grampians economy.
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