Infrastructure report highlights strong delivery of infrastructure and jobs
02 August 2019
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
--ENDS--
Source: Queensland Government - www.statements.qld.gov.au
Contact: N/A
External Links: www.dsdmip.qld.gov.au/SIP
Recent news by: Queensland Government