The need for new infrastructure is underpinned by economic growth, urbanisation and population growth. Fortunately, Managing Director Transport of Commonwealth Bank Christopher Scougall, argues that "investor demand for infrastructure has never been stronger and conditions for investing in infrastructure have never been better." Below we list everything you need to know about Scougall's report.
Urbanisation, economic and population growth drive infrastructure need
Ideal infrastructure investment conditions
Growing demands on Australian transport infrastructure
Asia’s growing middle class propels air travel
Government and private sector involvement
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The Australian and New South Wales Governments are jointly investing approximately $1 billion towards shovel-ready infrastructure projects as well as road safety upgrades across the State, supporting about 5,500 jobs.
The Queensland Government has announced a massive $7.1 billion investment in train infrastructure that will boost the state’s train manufacturing industry as well as create thousands of jobs and help rebuilt the Queensland economy.
The Australian Government is continuing to invest in new and existing infrastructure projects across the nation, including a $639 million funding to deliver Tasmania’s infrastructure pipeline.
Formerly known as the PlantMiner blog, Felix Project News is Australia's top 10 Construction blog.
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