Infrastructure report highlights strong delivery of infrastructure and jobs

Published:

The Palaszczuk Government today released the State Infrastructure Plan (SIP) 2019 Update, highlighting the lowest infrastructure underspend in a decade, the second highest pipeline of public and private infrastructure projects in the country, and the facilitation of significant private investment throughout Queensland.

Minister for State Development, Manufacturing, Infrastructure and Planning Cameron Dick said the annual SIP update outlines the jobs, projects and investment opportunities being delivered by the government.

“Our key priority is to create and support jobs for Queenslanders,” Mr Dick told a peak industry meeting organised by the Infrastructure Association of Queensland, Engineers Australia and Consult Group.

“The next four years will see a $49.5 billion infrastructure investment across Queensland, including $12.9 billion over the next 12 months, which will support up to 40,500 local jobs.

“More than 160 infrastructure proposals are in the planning phase of the 2019 pipeline, including 67 new projects, and 40 proposals have moved from planning into delivery since 2018 and will be delivered in the next four years.”

Mr Dick said since 2015, the government had focused keenly on reducing capital program under-expenditure so that Queenslanders know the infrastructure promised is being delivered.

“Our careful management will see us achieving a near-zero per cent underspend for 2018-19, the best performance in 10 years.

“Since 2015, around 207,000 new jobs have been created for Queenslanders, and this updated SIP highlights there are plenty more on the way.

“60 per cent of this year’s infrastructure budget is being invested outside Greater Brisbane, where it will support around 25,500 jobs.

“Our strong infrastructure program underpins and unlocks private sector investment, and our state’s $147 billion public and private infrastructure pipeline is the second largest in Australia, as reported in the March 2019 Deloitte Access Economics Investment Monitor.

“Our coordinated plan gives confidence and certainty to investors, industry, other levels of government and communities right across the state.

“It shows where and when we are supporting the delivery of new or upgraded hospitals, schools, roads, ports, communication networks – all the social and economy-boosting infrastructure that underpins jobs, growth, investment and prosperity.

“The Palaszczuk Government is creating the right conditions to assist and accelerate more private investment and quickly guide the right projects smoothly from concept to robust business case and beyond.

“Diversifying the economy through embracing new technologies and priority sectors, including advanced manufacturing, defence industries, aerospace, hydrogen, biofutures and other renewables is opening new markets, while we continue to bolster traditional sectors.

“Included in this year’s update, the new Strategy for Social Infrastructure sets out a long-term direction for the planning, design, location and use of our schools, hospitals and other vital facilities to provide more efficiently and conveniently located services for Queenslanders.

“The updated SIP program shows how the government’s coordinated approach to investment is planning for and delivering the infrastructure we need now and well into the future, bringing with it jobs, services, economic development and prosperous communities.”

Infrastructure Association of Queensland CEO Priscilla Radice said industry welcomed the annual update of the SIP as it gave certainty around this year’s $12.9 billion investment in infrastructure.

"The SIP is a crucial investment blueprint for the State – it gives both industry and investors confidence in this market and assures the community of the government's commitment to deliver on jobs."

View the State Infrastructure Plan Part B: Program – 2019 update at www.dsdmip.qld.gov.au/SIP

Minister for State Development, Manufacturing, Infrastructure and Planning
The Honourable Cameron Dick

 
Business Business & Economy Infrastructure & Construction Political Queensland Government
Social:   

Cameron Dick, Queensland Government, Minister for State Development, Manufacturing, Infrastructure and Planning :
1 William Street, Brisbane Qld 4000, Queensland Wide
Cameron Dick, Queensland Government, Minister for State Development, Manufacturing, Infrastructure and Planning
Showing 10+ recent articles for this business
Made in Queensland Round 3 opens for business 10 September 2019 | Queensland manufacturers wanting to take their business to the next level are invited to apply for Round 3 of the Palaszczuk Government’s highly successful $46 million Made in Queensland (MiQ) program. More information...
Power boost for Kingaroy with new wind farm creating 100 new jobs 01 September 2019 | A $128 million wind farm in the South Burnett Regional Council area has been approved by the Palaszczuk Government creating 100 new jobs for regional Queenslanders. More information...
Statement from Minister for State Development, Cameron Dick 22 August 2019 | “After seven years as Queensland’s independent Coordinator General, Mr Barry Broe will step down from his position this week. More information...
Resource Recovery Round Two funding opens today 22 August 2019 | Overwhelming interest in Stream One of the Queensland Government’s $100 million Resource Recovery Industry Development Program (RRIDP) has seen a second round of $15 million fast-tracked, with expressions of... More information...
Solutions to the state’s infrastructure needs 21 August 2019 | The Queensland Government’s key independent infrastructure adviser, Building Queensland, has today published its 2019 Infrastructure Pipeline Report. More information...
Maroochydore City Centre Development Scheme approved 09 August 2019 | Greater housing diversity and a new Maroochydore CBD will be accommodated in the Maroochydore City Centre Priority Development Area after the state government approved changes to the PDA’s development scheme. More information...
Yandina Industrial Estate almost sold out 02 August 2019 | Sunshine Coast businesses have snapped up all but one vacant lot in Yandina Industrial Estate, delivering new jobs and expanded services to the region. More information...
JT to help QLD better prepare for natural disasters 31 July 2019 | Rugby league great Johnathan Thurston has been announced as the first Get Ready Queensland Ambassador, to help raise awareness around being prepared for natural disasters. More information...
Queensland LNP’s glowing endorsement for nuclear power 31 July 2019 | Minister for State Development, Manufacturing, Infrastructure and Planning Cameron Dick is again calling on Deb Frecklington and the state LNP to rule out a nuclear power plant in Queensland. More information...
Australia's first robotics hub to drive advanced manufacturing jobs 24 July 2019 | The Palaszczuk Government will invest $7.71 million over four years to establish the nation’s first robotics manufacturing hub to create and support more jobs. 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