A Look At Queensland’s 13.9bn Infrastructure Investment

Earlier in August 2020, the Queensland Government announced an infrastructure investment for 2020-21, valued at $13.9bn, as part of its efforts to help speed up the state’s recovery from COVID.

Queensland Treasurer and Minister for Infrastructure and Planning, Cameron Dick, stated that this investment, which is part of the government’s 2020 Capital Program, is a reaffirmation of their promises to improve infrastructure in the state, and is expected to support about 44,000 jobs.

Mr. Dick said that the government’s Capital Program 2020 Update has $13.9bn set aside for infrastructure spending across Queensland, aimed at making sure that local businesses like Excellence Coaches stay running, people keep their jobs, the state recovers, and secures its long-term prosperity.  He reports that it is part of the current government’s commitment to their four-year work plan, valued at $51.8bn.

Reportedly, the Capital Program update, which lays out the Queensland State Government’s investments, will cover around 900 initiatives in different sectors, covering energy, education and training, health, digital, sports and recreation, arts and culture, social housing, public safety and justice, and others.

Mr. Dick says that the intention behind the release of the update is to provide the public with visibility to the government’s expenditures for the year 2020 and the 18-month period going into December 2021, maintaining transparency and public trust.

For 2020, about 60% of the $13.9bn invested for infrastructure will be for the areas outside of Greater Brisbane, with the goal of ensuring that the government support that bolsters the economy, keeps businesses like Excellence Coaches running, and provide jobs, reach the regions in the state.

Highlights of the capital program include:

  • $6.1bn for transport infrastructure projects across the state of Queensland, including Bruce Highway, Cross River Rail, Ports of Gladstone and Townsville, as well as roads across the region, like Pacific and Ipswich.
  • A new partnership with Toowomba’s Pulse Data Centre, for the providing of QCN Fibre and better internet to the businesses of Darling Downs.
  • Multiple investments for public safety; $16.9mn for the Charlton Regional HQ of the Queensland Fire and Emergency Services, $52.mn for a new Wacol Counter-Terrorism and Community Training Centre, on top of upgrades to fire and police stations across Queensland.
  • Investments in health facilities across Queensland, like $70mn for the redevelopment of the Cairns Hospital’s mental health facilities.