Queensland’s State Infrastructure Plan to place accountability on over 600 projects
The newly released program update for Queensland’s State Infrastructure Plan shows there are now 685 projects in Queensland’s infrastructure pipeline at varying stages of execution.
CCIQ GM of Advocacy, Kate Whittle said the update is already boosting confidence in each of Queensland’s regions.
“Businesses are looking closely at what projects are being proposed or finalised in their regions, hoping that it will help them lift their productivity and have positive impacts on economic activity and job creation,” she said.
“Off the back of this renewed optimism, the State Government have put themselves in a position where they will be held accountable for delivering these projects.”
Ms Whittle said it was pleasing that a number of essential projects have been identified across all asset classes, with $10.2 billion in funding committed to the delivery of the infrastructure program for 2017-18.
“The transport segment, a key economic enabler and driver of productivity, represents the largest proportion of this investment spend,” she said.
“This has historically always been the case, and continues to demonstrate our expanding cities and growing population.
“Businesses consistently indicate improved road, rail, ports, airports and public transport as key to connecting suppliers and customers to their business.
“There is also a large focus on social infrastructure and utilities which is required to meet state’s expanding population."
Ms Whittle also pointed to the recent release of Building Queensland’s Infrastructure Pipeline June 2017 Report, which showed another project had moved through the business case pipeline.
"Businesses in north Queensland were very pleased with the recent and timely announcement that the Smithfield Transport Corridor had secured a $152 million commitment from the State Government.
"The Sunshine Coast business community will now be awaiting a similar announcement for on the Beerburrum to Nambour rail upgrade project."