This week MidCoast Water general manager Robert Loadsman, executive manager infrastructure development Brendan Guiney and executive manager corporate services Darryl Hancock, travelled to Sydney to attend a briefing session on the Restart NSW Water Security for Regions Program.

It is the program from which MidCoast Water is hoping to draw funds as part of its objective to improve the security of water supplies in the region.

"Securing good quality, reliable water supplies is more important than ever in the current climatic conditions," according to Mr Robert Loadsman.

According to Mr Loadsman the total cost of the project is around $32 million and it is expected the Nabiac borefield and water treatment plant project will provide the community with several significant advantages, including a diversity of supply in the event of problems with the Manning source, which supplies the Greater Taree and Forster-Tuncurry areas.

Mr Loadsman says the Nabiac project has been a long term goal for the organisation and $3.1 million has been allocated in the 2014-15 budget to complete designs and start preliminary construction activities on the water treatment plant on the borefield site.

"Our board has made securing the Manning's water supply its number one objective, so the delivery of this important project for our community is our priority," he explained.

In addition, MidCoast Water argues that if funding is allocated to the $32 million project it will have a positive impact on the local economy and provide the potential for employment opportunities with the use of local sub-contractors on the project.

MidCoast Water will also be assessing a variety of other applications that could be made under the program, including application for funding for the construction of a second storage dam.