Value Creation and Capture Framework

Victoria is a great place to live. Our liveability is the reason why we are the fastest growing state in the nation, with more than 2,000 people moving here every week.

We have to make sure that our investment in world-class infrastructure and services grows just like our population is.

That's why Victorian Government has developed Victoria's Value Creation and Capture Framework.

Value creation and capture has the potential to improve productivity, increase access to jobs and employment, enhance public amenity and unlock commercial activities.

The framework focuses on getting better value for Victorian taxpayers' money from all future infrastructure projects.

It describes a consistent, concerted approach to assessing and increasing the economic, social and environmental benefits of investments in Victoria. It will be applied to a variety of sectors including transport, health, housing and education.

In future, when building infrastructure or developing precincts, government will be enabling economic opportunities, building green space, increasing community services, housing and education opportunities and creating more value for the community than would otherwise be the case.

The Value Creation and Capture Framework provides guidance to all government departments, business, industry and community sector partners on ways that government will generate more industry and skills development, affordable housing, open spaces, community facilities and energy efficiency from future projects.

For more information, read Victoria's Value Creation and Capture Framework - Q&As (Word 99 KB).

Last updated on Tuesday, 19 September 2017