The Treasurer has officially released details of the Queensland Government’s $13.9 billion infrastructure investment for 2020-21 as part of Queensland’s plan to support jobs and accelerate the state’s economic recovery.
Treasurer and Minister for Infrastructure and Planning Cameron Dick said this year’s capital program re-affirmed Government’s infrastructure guarantee, and was expected to directly support around 44,000 jobs.
“The Capital Program 2020 Update includes $13.9 billion in infrastructure spending across the state and is aimed at keeping people in jobs, driving our recovery and securing Queensland’s longer-term prosperity,” Mr Dick said.
“Our Unite and Recover for Queensland Jobs strategy for economic recovery has a strong focus on infrastructure, because we know that infrastructure will drive our state’s recovery, future prosperity and resilience.
“Today’s capital program update reinforces our commitment to a $51.8 billion program of work over four years and gives the private sector confidence to invest in Queensland.
“In addition to creating and protecting jobs within the construction industry and supply chains, this investment will support our industries, regions and communities and be an incentive for further private investment.
“The Capital Program 2020 Update confirms our pipeline of capital projects that will support jobs for tradies, subcontractors and businesses now and into the future.
“It details investment in almost 900 initiatives across transport, energy, water, health, education and training, digital, justice and public safety, social housing, the arts, culture, sport and recreation."
Some of the major highlights within the program include:
- $6.1 billion in transport infrastructure projects across Queensland including the Ports of Gladstone and Townsville, Cross River Rail, Bruce Highway, Pacific and Ipswich motorways and a wide range of regional roads
- health facility investments such as the $70 million redevelopment of Cairns Hospital mental health facilities
- over $16 million for new ambulance stations at Ormeau, Yarrabilba, Munruben and Urraween
- a new QCN Fibre partnership with Toowoomba’s Pulse Data Centre to provide better internet for thousands of Darling Downs businesses
- $20 million towards the new Queensland Apprenticeships Centre at Beenleigh delivering training for high demand industries including renewable hydrogen
- $3.4 million towards collaborative projects with Balonne, Bulloo, Maranoa, Murweh and Paroo councils to enhance digital connectivity, and
- investment in public safety such as $16.9 million for Queensland Fire and Emergency Services’ regional headquarters at Charlton, near Toowoomba, and the $52.2 million Wacol Counter-Terrorism and Community Training Centre, as well as new and upgraded fire and police stations around the state.
- $51.8 billion Infrastructure Guarantee
- $200 million Building Acceleration Fund
- $50 million SEQ community stimulus program
- $400 million Accelerated Works Program
- $200 million Works for Queensland COVID-19 Recovery Package
- $100 million Housing Construction – Works for Tradies, and
- reducing red tape and streamlining planning approvals for construction.
“The update provides visibility of this year’s spend and the anticipated 18-month projected spend to December 2021 for each of these infrastructure classes." he said.
“It shows we’re continuing to invest in traditional sectors by delivering economy boosting projects such as new and upgraded roads, vital high-quality health, education and social services, and also reflects our commitment to new technologies and priority sectors.
“This year, around 60 per cent of the total $13.9 billion investment will be spent outside of Greater Brisbane.
“These projects will help diversify and support our economic growth, enhance liveability within our communities and provide jobs in our regions and the metropolitan area.
“This Government is focused on getting our state’s economy back on its feet and building a stronger and more resilient economy, working in partnership with the private sector to invest and build vital infrastructure strengthening industries, supporting jobs and enabling future growth is vital to achieving our goals.”
You can view the 2020 capital program update here.
To keep up to date with the latest industry news, subscribe to iSeekplant's Flapping Mouth blog below!