More transport and road projects are set to get underway as well as up to 24,000 jobs to be supported across Queensland after the State Government released the details for its $27.5 billion four-year roads and transport investment plan.
This record funding flowing from the 2021-2022 State Budget will not only build infrastructure and create jobs, but it will also aid in Queensland’s economic recovery.
“Queensland’s strong leadership during the COVID-19 health crisis means our state is the place to be.
“More people are moving to Queensland than anywhere else in Australia.
“We’ve developed a four-year investment outlook that anticipated future infrastructure demand and backs Queensland workers and businesses,” Transport and Main Roads Minister Mark Bailey said.
Minister Bailey added that the infrastructure boom in the State will be boosted by this new significant funding injection.
From early 2020, the State Government has invested an additional $1.3 billion into the economy to help fast track about 200 road and transport projects that created much-needed jobs.
“This budget boosts infrastructure investment, so we don’t lose momentum on Queensland’s economic recovery.
“There’s funding to move freight more efficiently across the state by improving key road and port connections,” Minister Bailey said.
In addition, the multi-billion-dollar investment will also support the growing communities in the Sunshine Coast and Gold Coast as well as deliver rail projects that will provide better services along with new jobs and training opportunities.
Minister Bailey also added that funding for road safety is being prioritised in this budget.
“Every death on the road is a tragedy and we have committed record funding to saving lives and reducing the impact on the community,” Minister Bailey said.
Remote and regional communities will also benefit from this significant investment through maintenance of essential transport services.
On the other hand, the Local Fare Scheme that provides a $400 discount for a return airfare for eligible residents in Cape York, Gulf of Carpentaria, and the Torres Strain is going to be extended until 30 June 2022.
An additional $16.3 million has also been invested on a financial support package – which was introduced in April 2020 and will now be extended to the end of 2021 – that will assist transport operators struggling with a downturn in passengers.
The significant investment will include funding for low and no emissions travel options such as biking or walking.
“We’ll keep building new and improved facilities for bike riders and pedestrians, with $250 million allocated over four years for active transport, including $10 million towards extending the Oceanway at Boradbeach on the Gold Coast.
“We also expect more Queenslanders to make the switch to electric vehicles in the coming years, so we’ll keep building more charging stations,” Minister Bailey said.
The Queensland Government will also be fast tracking initiatives that will support its commitment to deliver zero-emission buses throughout the State from 2025.
“Electric buses are already being trialled on some routes and we’ll start to see more built at BusTech on the Gold Coast, including two bio-ethanol fuelled buses that will start trials in Mackay later this year,” Minister Bailey said.
From the $27.5 billion Queensland Transport and Roads Investment Program (QTRIP) 2021-22 to 2024-25, approximately $17.5 billion is going to be invested in regional Queensland and will support 15,870 jobs.
“Travel anywhere across our state, and you’ll see that investment at work creating jobs and driving our economy,” Assistant Regional Roads Minister Bruce Saunders said.
Below is the list of key investments under QTRIP 2021-22 to 2024-25.
Key road investments (includes jointly funded with the Australian Government)
Key rail investments (includes some jointly funded with the Australian Government and local governments)
Key targeted road safety projects (includes some jointly funded with the Australian Government)
Other public transport infrastructure highlights (includes some jointly funded with the Australian Government and local governments)
Significant active transport infrastructure investments (includes some jointly funded with the Australian Government and local governments)
Maritime infrastructure projects
The four-year QTRIP investment will also maintain funding for councils through the successful Transport Infrastructure Development Scheme, with $280 million.
Queensland will continue benefitting from the Australian Government’s record infrastructure investment with the recently announced 2022-23 Federal Budget that includes a $3.9 billion commitment for new and existing infrastructure projects in the State.
As construction ramps up on the Cross River Rail project - one of Queensland’s largest infrastructure projects - works are expected to double in size this year.
The Australian Government has released the 2022-23 Federal Budget and it includes a $3.3 billion funding for new and existing infrastructure projects across Victoria.
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