Deal to attract 500 workers to Latrobe Valley on brink of collapse

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An electric vehicle manufacturer is poised to walk away from a deal with the state government to set up a factory in the Latrobe Valley.

An agreement to create 500 much-needed jobs in the Latrobe Valley is on the brink of collapse with an electric vehicle company handing funds back to the Victorian government in frustration.manufacturing in Australia through a deal with SEA Electric to set up a factory in Morwell.But the company confirmed it has not established any operations in the Latrobe Valley and will go elsewhere if it cannot overcome the impasse soon.

The looming collapse of the deal comes after power generator EnergyAustralia announced on Wednesday it wouldThe state government has also copped criticism for its plan to introduce anAdvertisement He said the company, which has an existing site in Dandenong, would soon look to establish a manufacturing facility in another location.“If we don’t do it in the Latrobe Valley soon we have to do it elsewhere in Australia,” he said.

However, he still hoped to establish a site in the Latrobe Valley but insisted the government needed to be more flexible in its deal. The spokesman said future “milestone payments” hinged upon the company hiring additional workers from the Latrobe Valley, finalising a site and entering a contract for the construction of a new facility.The Latrobe Valley has weathered successive waves of economic pain in recent years, including the 2017 closure of theLeader of the opposition in the upper house, David Davis, said the Latrobe Valley could ill afford to lose hundreds of jobs through “state government incompetence and rigidity”.

 

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simonahac While the terms of the deal are “confidential” all external discussion, including by the Opposition, about what’s gone wrong are pure speculation. It’s poor form for any government to spruik a deal that can’t be scrutinised. secretBlameGame vicpol

simonahac Cool & Normal! thejuicemedia

mjhenderson84 you know about this? Sounds like a decent loss of it falls apart.

Do what everyone is either doing or considering, getting the hell out of Victoria. Dan is leading state down an unrecoverable path of multi generational debt. Covid debt & massive miscalculation & excessive infrastructure projects that includes a 100 billion surburban rail link.

So the coal power station is scheduled to close. Where are greenies solutions for power? Wind and solar wont be enough.

Whatever happened to bailing out HOLDEN? Brand • families • talent • manufacturing and building on success imho investment could have set this brand on a new course for the next 100 years electric petrol JoshFrydenberg VicGovAu GladysB timpallas

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