The ACT Government have announced they plan on growing Canberra’s visitor economy by up to $1 billion by 2030 through a number of new investments in this year’s budget.
The four year, $72 million investment in a variety of initiatives aims at growing the visitor economy, strengthening Canberra’s national and international profile, and supporting jobs across tourism, hospitality, and events.
The initiatives include:
- Upgrading key venues including GIO Stadium, EPIC, and the Canberra Theatre Centre to support better events.
- Attracting more major events to increase visitation, fill hotels, and boost hospitality and retail.
- Expanding the Major Event Fund to build a stronger year‑round events pipeline.
- Launching a new destination marketing campaign targeting key domestic and international markets, including India and the US.
- Expanding Floriade for its 40th anniversary in 2027, extending opening hours and encouraging longer stays.
- Progressing city‑shaping projects, including the new National Convention and Entertainment Centre and the 2,000-seat Lyric Theatre opening in 2028.
- Securing international cricket fixtures for both men’s and women’s competitions.
It’s reported that $15 million will go towards Canberra Stadium over the next three years, with the money dedicated to new energy-efficient LED lighting, security upgrades, the main concourse and lifts.
The post GIO stadium to receive upgrades as part of budget investment in visitor economy appeared first on 2CC Talking Canberra.
