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18 November 2009
Major Riverland employer, Kingston Estate Wines, will receive up to $300,000 from the State Government's Regional Development Infrastructure Fund towards the expansion of its business.
Regional Development Minister, Paul Caica, says the winery is continuing to grow, with good sales contracts into all major export markets.
"Kingston Estate is now a major employer in the region, sourcing grapes from local growers and offering contract crushing.
'It has developed in the past four years from a 30,000 tonne to a 60,000 tonne crush facility," Mr Caica says.
"The Regional Development Infrastructure Fund grant recognises the impact that the winery's further expansion has on its ability to grow its business and staff numbers.
"Kingston Estate is planning to spend $9.3 million over the next five years to upgrade its storage and processing capacity to a site capable of processing 100,000 tonnes of grapes to table wine.
'This $300,000 grant will assist with power augmentation and electricity infrastructure,' Mr Caica says.
"The expansion will create 25 new jobs and generate a net economic value over 10 years of $49.9 million."
Since its inception in 1999, around $28.5 million has been provided through the RDIF to support projects generating an estimated 5,470 new jobs and over $1.3 billion in total project investment.
Five projects have been chosen for assistance totalling $780,000 in the State Government's latest round of Regional Development Infrastructure Fund grants.
The other projects are:
Since its inception in 1999 around $28.5 million has been provided by the program to support projects generating an estimated 5,470 new jobs and over $1.3 billion in total project investment.