Applications open on $200 million Building Acceleration Fund

Published:

Applications are now open for the $200 million Building Acceleration Fund initiative to deliver multi-million-dollar infrastructure projects and create jobs throughout Queensland.

State Development Minister Kate Jones said applications for the funding would be open until 5pm on Friday 4 September 2020.

“This is about partnering with the private sector to fast-track projects that will create jobs,” Ms Jones said.

“We want to hear from developers, councils and companies with plans for major infrastructure initiatives.

“By leveraging private sector capability, we will stimulate our economy and create thousands of jobs over the next four years.”

Treasurer and Minister for Infrastructure and Planning Cameron Dick said a set of guidelines had been developed for the co-investment program detailing the eligibility requirements and the evaluation process.

“Projects must be ready to begin construction within 12 months of funding approval and show substantial economic benefits to local communities,” he said.

“This is a state-wide program and we look forward to receiving applications from a variety of regions and industries.”

Infrastructure projects are generally defined as roads, water distribution, sewerage/ wastewater, stormwater infrastructure - however other categories of infrastructure will be considered provided they meet the eligibility criteria.

The funds will be available to eligible developers, councils and industry for infrastructure projects that generate private sector investment and stimulate post–COVID19 economic recovery.

For more details about the application process and eligibility requirements, and to download an application form, visit http://dsdmip.qld.gov.au/economic-development-qld/building-acceleration-fund.html

Read more on the Unite and Recover for Queensland Jobs strategy.

Minister for State Development, Tourism and Innovation
The Honourable Kate Jones

 
Business Business & Economy Coronavirus COVID-19 Elections Employment & Training Political Queensland Government
Social:   

Kate Jones : Queensland Government, Minister for Innovation and Tourism Industry Development and Minister for the Commonwealth Games :
PO Box 15033, City East QLD 4002, Queensland Wide
07 3719 7530
13 74 68
Kate Jones : Queensland Government, Minister for Innovation and Tourism Industry Development and Minister for the Commonwealth Games
Showing 9 recent articles for this business
Adelaide to Sunny Coast flights resumes following Qld Govt support 01 September 2020 | Tourism Minister Kate Jones today announced Jetstar’s Adelaide to Sunshine Coast service would resume today thanks to support from the Palaszczuk Government. More information...
Govt fast-tracks $66 mil in capital works to rebuild Qld's economy 26 August 2020 | Sunshine Coast Industrial Park – initial bulk earthworks for stage two, which has Sunshine Coast Regional Council approvals, will begin in coming weeks. A development application for stage two of the industrial... More information...
Hyne gets the wood on timber imports with new facility 06 August 2020 | State Development Minister Kate Jones has today officially opened a new $23 million timber processing factory in Maryborough. More information...
Applications open on $200 million Building Acceleration Fund 31 July 2020 | Applications are now open for the $200 million Building Acceleration Fund initiative to deliver multi-million-dollar infrastructure projects and create jobs throughout Queensland. More information...
Human trials begin on world-leading COVID-19 vaccine in Qld 13 July 2020 | Innovation Minister Kate Jones has today announced human trials will begin today on the University of Queensland’s promising COVID-19 vaccine. More information...
New runway at Sunshine Coast Airport ready for flights 12 June 2020 | The Sunshine Coast’s newest runway has today been officially handed over to airport operators. More information...
Global manufacturing deal signed for Qld coronavirus vaccine 05 June 2020 | Innovation Minister Kate Jones has today put out the call for volunteers to take part in human trials on a Queensland-developed COVID-19 vaccine next month. More information...
Queensland Government ramps up support for visiting students 22 April 2020 | The Palaszczuk Government has doubled efforts to support international students stranded in Queensland as a result of COVID-19. More information...
Prime Minister urged to save students “stranded” in Queensland 03 April 2020 | The Palaszczuk Government has today called on the Federal Government to urgently roll out support for more than 100,000 international students stuck in Queensland during the coronavirus pandemic. More information...


comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service