Wednesday, December 11, 2024

$52.2 billion Queensland infrastructure program unveiled

The Queensland Government has today released a four-year $52.2 billion infrastructure spend program and draft vision for the state’s infrastructure needs over the next two decades.

Deputy Premier and Minister for Infrastructure, Steven Miles, announced the two major initiatives at the IAQ Infrastructure Assembly in Brisbane.

“Queensland is in the box seat to seize the opportunities ahead of us over the next two decades,” Mr Miles said.

“We’ve just joined the list of Olympic and Paralympic cities, our pandemic response has been world-class, our population is booming, and Queensland has the potential to become a renewables and hydrogen superpower.

“All of these achievements are possible through the right infrastructure, a critical component of Queensland’s COVID-19 Economic Recovery Plan and our future prosperity.

“We already have a huge head start, with a $52.2 billion infrastructure investment that will turbo-charge more growth and jobs for Queenslanders.

“The draft State Infrastructure Strategy sets out our approach to connecting our regions and creating liveable communities with essential services and infrastructure across Queensland like the schools, hospitals and roads that our growing state will need into the future.”

Mr Miles said, along with the draft State Infrastructure Strategy, the Queensland Government Infrastructure Pipeline (QGIP) was also released today.

“We have a pipeline of infrastructure projects that are creating jobs and boosting our economic recovery,” Mr Miles said.

“The Queensland Government Infrastructure Pipeline includes more than 1000 projects in delivery and planning, will provide industry with further confidence to invest in Queensland.

“In 2021-22, $14.7 billion – one of the largest capital programs in recent years – has been allocated, with more than 60 per cent being spent outside Greater Brisbane.

This is expected to directly support around 46,500 jobs – nearly 30,000 of these in the regions, he said.

“Our investment will support economic growth, create jobs, ensure the provision of high-quality services, and build resilient, connected, liveable communities.”

He said stakeholder engagement had been fundamental to shaping the draft strategy, with 13 regional workshops held across Queensland earlier in the year. These were attended by more than 270 stakeholders, in addition to more than 200 responses received through online engagement. 

Further consultation and feedback will be undertaken to ensure the SIS sets out the right infrastructure priorities and reforms for Queensland, the Deputy Premier said.

He said the strategy will be supported by seven regional infrastructure plans to better reflect the unique strengths and opportunities of each region, and the important role infrastructure plays in economic recovery, resilience, growth, and liveability.

The SIS follows on from the previous State Infrastructure Plan and its annual program of updates released between 2016 and 2020.

Comment can be provided online with consultation opening on today (9 September) and set to close on 7 October 2021: https://www.statedevelopment.qld.gov.au/state-infrastructure-strategy

To view the QGIP visit: https://www.statedevelopment.qld.gov.au/industry/infrastructure/infrastructure-planning-and-policy

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