A "BLUEPRINT" to reinvigorate the Mary Valley is expected to encourage beef production, horticulture, dairy and tourism enterprises in the "food bowl region".
State Development, Infrastructure and Planning Minister Jeff Seeney today released the Mary Valley Economic Development Strategy which he said was based on maximising economic development opportunities rather than just selling off property.
He said the strategy aimed to create conditions enabling private sector investment and development to start a new future for the Mary Valley.
Mr Seeney said there would also be better management of leasehold properties and leases would not be renewed on their expiry.
"Labor's Traveston Dam debacle cost the state hundreds of millions of dollars, displaced scores of families and left the government owning almost 500 properties," he said. "Front and centre of our new plan is a resolve to drive the area's economic development, create new jobs, support productive enterprises and create vibrant and stable communities."
Properties will be aggregated and water rights realigned to create economically viable land units under an initial two-year divestment program.
Government assistance will include aggregating properties based on their suitability for economic activity and realignment of water entitlements to support new enterprises.
The government will also conduct financial institution and valuer briefings to ensure funding risks to buyers is minimised and ensure an integrated approach to planning.
Expressions of interest will be sought from investors and matched to land and water parcels.
Gympie MP David Gibson, who has long fought for the Mary Valley region's survival, will establish and chair an advisory group to consult on the strategy.
"This group will engage with the community and harness local knowledge to assist the implementation of the strategy and to monitor new initiatives," Mr Seeney said.