Our site data, and the media confirms the rumours – that if you have spare machines not working in Australia, move them down to Victoria - as an infrastructure boom (finally) hits our most southern State.
The Victoria Government has embarked on what is the most ambitious infrastructure program in the State's history, spending $27 billion over the next 10 years on major projects in Victoria, however most is slated for the growing city of Melbourne. Some of the regional cities in country Victoria have made loud complaints to the media of the lack of funding available for them. Regional cities represent 25% of the population of Victoria, however, they are only attracting 4% of the funding for infrastructure projects in the next couple of years. Regardless – this is welcome relief to plant hire companies and suppliers to the construction industry who have been starving in an environment of almost no investment in this sector for over five years.
Data captured through iSeekplant has indicated, over the last four months, searches for machines in metro Melbourne are now the most frequent searches run on our site, compared to any other single location in Australia. Just in the last week alone, we experienced 252 searches for machines in Melbourne metro suburbs, with customers chasing excavators, water carts, dozers, graders and compactors (in that order of popularity). These represent your commonly used roadworks plant – in line with the huge volume of roadworks projects breaking ground in Melbourne this year.
The planned scrapping of the East West Link (for political reasons) will see approximately $5.3 billion in Federal infrastructure construction spend come off the table for metro Melbourne, and despite the sturdy pipeline of work starting this year, this is a disappointing result for plant hire companies who were already in talks and negotiations with the East West Link Consortium (Lend Lease, Bougyes, Acciona).
The Cranbourne – Pakenham Rail Corridor will now replace the East West Link as the super earthworks project of choice in Melbourne, with an investment of $2.5billion in upgrades to tracks, stations and trains themselves. Another $1.1 Billion will be invested into the widening of the Tullamarine Freeway from West Gate Bridge to the Melbourne Airport – a super-project purported to increase the hub’s capacity by 30% in 20 years, to handle over 235,000 cars per day.
Parts of the Great Ocean Rd is set to get a freshen up, with two new bridges slated for Boggaley Creek and Grey River, and while short tenure projects, should be great opportunities for crane companies and access equipment suppliers in the area.
In regional Victoria – the upgrade of the Princes Highway in two large stages – Traralgon to Sale and Winchelsea to Colac will pump almost $400 million into suppliers in their respective local communities. The Traralgon to Sale section is already underway, providing great opportunities for plant hire companies in the local area to get machines on both the bulk earthworks package, and the detailed earthworks, asphalt and finishing works. The Winchelsea section will break ground in only a matter of months, with construction expected to continue for the next three years.
|Project||Approx Contract Value||Expected Start Works||Expected Completion Date|
|West Gate Distributor - Stage 1||TBC||TBC|
|Pioneer Rd Duplication||$12.5 Million||2015 Qtr 2||2015 Qtr 4|
|Sladen St Duplication||$10.1 Million||2015 Qtr 4||2017 Qtr 1|
|Calder Hwy alternate and the Calder Hwy (Ravenswood)||$86 Million||2015 Qtr 4||2017 Qtr 4|
|Great Ocean Road - Boggaley Creek||$50 Million||2015 Qtr 3||2015 Qtr 4|
|Great Ocean Road - Grey River||$50 Million||2015 Qtr 3||2015 Qtr 4|
|Princes Highway - Winchelsea to Colac||$220 Million||2015 Qtr 2||2019 Qtr 2|
|Cranbourne Packenham Rail Corridor||$2.5 Billion||2015 Qtr 1||2019|
|Tullamarine Widening||$1.1 Billion||2015 Qtr 4||TBC|
|Port Rail Shuttle - Metro Intermodal Terminal||$58 Million||2015 Qtr 3||2017 Qtr 4|
|Melbourne Park Redevelopment||$338 Million||2015 Qtr 1||2019 Qtr 4|
|Ballarat West Employment Zone||$30.2 million||TBC||TBC|
Our Business Development Manager for NSW & VIC – is on the ground and hunting for plant hire opportunities everyday, so drop him a line and he can help you grow your local Victoria plant hire company, or explain the myriad of plant hire opportunities in Victoria for high quality interstate suppliers. Jeremy Wilcox – firstname.lastname@example.org.
Image source: Roadtraffic-technology.com