The first State Infrastructure Plant (SIP) in more than three years was released on Sunday 13 March 2016, outlining the new strategic direction for the planning, investment and delivery of infrastructure in Queensland. It was announced that $500 million will be invested to build the infrastructure needed to support and grow the economy. This new SIP is set to create more than 1,000 jobs for Queenslanders.
The SIP has been delivered in two parts, Part A: Strategy and Part B: Program. Part A outlines the new approach to infrastructure planning and prioritisation, conveying a clear vision as to how the Government will respond to opportunities and challenges faced by Queensland, into the future. Part B helps establish certainty through the use of a program of investment, mapping out the next four years. Without specifying solutions, the program outlines future opportunities this encouraging innovation and ideas from industries.
Premier Annastacia Palaszczuk explained that the initial $500 million investment would be used to deliver major projects statewide which will see growth in employment opportunities, productivity and the economy. Of this $500 million, $300 million will be invested into seven road and rail project seen as critical for boosting capacity and reliability.
These projects include:
There is also a large focus on the needs of the community, with a portion of the initial investment targeted at addressing important regional and economic priorities such as jobs for Queenslanders.
The SIP also covers other key reform measures such as:
The SIP was announced along side the commencement of the Gold Coast rail line's $165 million duplication. Showcasing just one of the major projects being delivered by the Palaszczuk Government in order to attain the goal of driving economic growth and employment opportunities for our growing population. Similarly the Moreton Bay Rail Link, Gold Coast Light Rail Stage 2, Commonwealth Games venues, Gateway Upgrade North, Sunshine Coast University Hospital and the Energex augmentation and asset replacement are all contributing to the Government's commitment to catering for the needs of Queenslanders.
With opportunities like these on the horizon make sure your business is prepared and ready to showcase your capabilities in order to win major projects. Prepare your capability statement well in advance, use this preparing a business capability statement eBook as a guide.
Full statement can be found at http://statements.qld.gov.au/Statement/2016/3/13/palaszczuk-governments-vision-for-queenslands-infrastructure-released
A roads package worth over half a billion dollars has been announced by the Queensland and Australian Governments. According to Premier Annastacia Palaszczuk, this outcome was reached after constructive discussions with the Australian Government.
A new large-scale wind farm and an associated battery storage system is a step closer to being built near Jandowae in Queensland as the State Government grants planning approval to the renewable energy project.
On our previous post on the 2018-19 Budget, we listed the transport project highlights that are covered by the Budget for all States and Territories. For the second post on the 2018-19 Budget series, the main feature will be the key transport infrastructure projects for the state of New South Wales.
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