$550 Investment in Infrastructure

The Minister for Education, Julia Gillard and Minister for Innovation, Industry, Science and Research, Senator Kim Carr, today announced that universities may now bid for a share of $550 million in funding to improve infrastructure for the benefit of students and the environment. The investment is part of the Rudd Government's Nation Building program designed to provide jobs now in these tough economic times and deliver infrastructure for the future. This round of the Education Investment Fund will provide $300 million for infrastructure improvements at universities, vocational education providers and research institutes throughout Australia. The Sustainability Round funding will provide $250 million specifically for green university, vocational education and research infrastructure projects.