FUNDING WAMA

FUNDING WAMA

 

FUNDING WAMA

 

ENRICHING THE GRAMPIANS EXPERIENCE

There is no world class arts and cultural experience that showcases Australia’s deep connection with our unique flora and fauna in the region or indeed in Australia.

Delivery of the WAMA Project will positively impact:

  • Regional and Victorian economy
  • Visitor economy, domestic and international
  • Cultural and social capital

FUNDING GOAL

The WAMA Foundation is seeking an investment of $10M funding from State Government for construction of a $24M world class gallery and fully landscaped botanical gardens in the Halls Gap region. Pre-establishment operating costs will be $3.4M. WAMA will be self funding once operational.
WAMA is a not for profit organisation.

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DELIVERING SIGNIFICANT ECONOMIC RETURN

Independent analysis shows that through construction, operations, attracting new tourism and volunteerism, WAMA would create economic benefits many times the amount sought for construction costs from Government.

A $10M State Government investment will result in A BCR OF 3.74, $62M NPV and economic benefits of $135M over 10 years.

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WAMA logo

ECONOMIC BENEFITS OF WAMA (YR 10)

64 Direct jobs

39 Indirect jobs

Additional 50,000 Tourists

$29M Regional benefit

Grampians Tourism logo

GRAMPIANS REGIONAL VISITOR ECONOMY

2.3M visitors

13% growth

98% domestic visitors

2% international visitors

2.9M visitor nights

$400m spend

It is widely acknowledged that tourism infrastructure does not live up to the iconic natural mountain environment in the Grampians region

A MAJOR BOOST TO REGIONAL TOURISM

WAMA will complement current infrastructure and investment initiatives.

WAMA will grow the visitor economy by significantly enriching nature-based and cultural tourism in the Grampians region including:

  • Great Southern Touring Route
  • Grampians Peaks Trail
  • Domestic tourism strategy
  • International tourism strategy
  • Grampians link road
  • Halls Gap Village Masterplan

WAMA will establish the Grampians as a destination for international visitors seeking world class cultural and nature experiences.

WAMA will increase potential for other high end investments in accommodation, food and convention facilities.