Current Projects

CVLX | Central Victoria Livestock Exchange 

 

CVLX is a project to develop a modern, efficient livestock marketing centre North West of Ballarat, in Victoria.  When built, the new facility will host weekly cattle and sheep sales, and monthly store cattle sales for livestock selling agents and their clients to market cattle and sheep in a safe, animal friendly, efficient and modern regional marketplace.

 

CVLX will be designed, built and operated with safety, animal welfare, operational efficiency, and environmental sustainability in mind.

 

At present, livestock sales for the Central Victorian region of Victoria are conducted at the Ballarat saleyards in Latrobe Street, Ballarat.  These saleyards have been operating since the 1860’s. Facilities are aging and conditions no longer meet modern safety, animal welfare and environmental standards required in today’s industry.

 

The CVLX project will provide a new, modern facility to replace the Ballarat saleyards. It will accommodate annual throughput of 70,000 cattle and 1.6 million sheep and will improve the safe movement and handling of livestock on sale days.

Benefits

 

  • Development of the CVLX is important to ensure local livestock sales can continue in the region.

 

  • Ballarat and surrounds have a long history of sheep and cattle production. CVLX will ensure many of the region’s livestock producers can continue to sell their livestock locally.

 

  • Additionally, the facility will provide ongoing employment for over 630 people who work to support operations at the Ballarat saleyards and create further employment during construction.

 

  • Economically, the CVLX will inject over a quarter of a billion dollars per annum into the regional economy. This will happen as goods and services are purchased from local businesses, and through the funds CVLX will pay to Council as rates and taxes.
CVLX is owned by RLX Investment Company (managed by Palisade Investment Partners), and Regional Infrastructure Pty Limited operate and manage CVLX. Together, both companies are managing the design and development of the new CVLX facility, expected to be completed in late 2018.

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