The site will get $436,500 towards the Budj Bim Cultural Landscape Project, which will involve a new water crossing and track upgrade at the Traditional Aquaculture Visitor Centre at Tae Rak Lake Condah.

Member for Wannon Dan Tehan announced the funding on Monday morning ahead of Tuesday's federal budget.

Tae Rak is made up of 1700 hectares of significant wetlands and stony rises right next to the historic lava flows of Budj Bim National Park in south-west Victoria.

Tae Rak itself is understood to have formed about 8000 years ago as a result of the basalt flow impounding the flow of the Darlot Creek and Condah Swamp outfall.

The Traditional Aquaculture Centre is planned to open in 2021 and will have an eel smoking and tasting facility, water-based activities and improved driving, cycling and walking tracks to Budj Bim National Park and around Tae Rak.

Mr Tehan said the additional investment would create jobs, boost local tourism and preserve the environment as part of the Morrison Government's economic recovery plan.

The project is tipped to create 15 full-time equivalent jobs.

It is one of 23 heritage projects identified to receive funding as part of the package.

Budj Bim was inscribed on the UNESCO World Heritage list in July last year.

The site, created 6600 years ago, spans almost 100 square kilometres and features what is believed to be the world's oldest freshwater aquaculture systems.

Budj Bim received $8 million in 2016 and $5 million in 2019 from the state government to implement tourism infrastructure.

Most of the beautiful landscape at Budj Bim was scorched by fire in January this year.

The coronavirus pandemic has set back important works on the Budj Bim Cultural Landscape.

Funding of $260 million will also be announced in Tuesday's Federal Government budget for the second stage of the Warrnambool rail line upgrade.

Criticism has been leveled at the federal government for potentially omitting the Great Ocean Road region from the federal budget.

Gunditj Mirring Traditional Owner Aboriginal Corporation was contacted for comment.

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