The Honourable Jackie Trad
Deputy Premier, Minister for Transport, Minister for Infrastructure, Local Government and Planning and Minister for Trade
The Honourable Cameron Dick
Minister for Health and Minister for Ambulance Services
The Palaszczuk Government has announced a significant infrastructure funding program of $10.1 billion in the 2015-16 State Budget, and total capital purchases of $35.4 billion over the four years to 2018-19.
Treasurer Curtis Pitt said the 2015-16 capital program was structured to ensure a consistent flow of works to underpin jobs growth and economic activity in Queensland.
“One of the key objectives of the capital program is to ensure Government infrastructure efficiently delivers social services and supports the ongoing development of Queensland,” Mr Pitt said.
“The $10.1 billion capital program will deliver job creating opportunities with capital expenditure focussed on the needs of local communities and in support of local employment opportunities.
“Queensland Treasury estimates that the State’s 2015-16 capital works program will directly support around 27,500 full-time equivalent jobs – this is a welcome boost to economic activity in Queensland.
“Of these, 10,500 jobs are expected to be supported by roads and transport-related projects, with almost $4 billion committed to infrastructure and capital grants for Queensland’s roads and transport network,” he said.
Health capital purchases are $1.3 billion in 2015-16 and are expected to support 3,500 full-time equivalent jobs. Projects include $488.7 million to continue delivery of the Sunshine Coast University Hospital and $113.6 million to finalise a number of major projects such as Logan Hospital, Lady Cilento Children’s Hospital, Mackay Base Hospital, Mount Isa Health Campus and Gold Coast University Hospital.
“Energy and water infrastructure and capital grants will also make a significant contribution to our economic well-being, with an anticipated 6,500 full-time equivalent jobs to be supported,” Mr Pitt said
Deputy Premier and Minister for Infrastructure, Local Government and Planning Jackie Trad said rural and regional Queensland would see a significant investment in infrastructure funding, with $4.8 billion of the overall $10.1 billion to be spent in these areas.
“One specific initiative is the Building Our Regions program. It will be a targeted infrastructure program to deliver support for local government projects totalling $200 million over two years,” Ms Trad said.
“In order to create jobs and investment as a priority, we have brought this program forward one year to start in 2015-16, not 2016-17 as originally intended,” she said.
The four areas of focus for infrastructure investment under the Building our Regions program are:
Ms Trad said a further $40 million had been committed over two years as a special assistance package following Tropical Cyclone Marcia for iconic projects in Rockhampton and Livingstone shires.
“These projects include revitalisation of the riverfront in Rockhampton and the foreshore at Yeppoon. Critically, these investments in local projects will support local jobs,” she said.
Mr Pitt said in addition the 2015-16 Budget would also see the start of $295 million in additional funding for three new schools in Townsville and Cairns and refurbishments at four hospitals over four years. It would also be complemented by a $300 million education maintenance boost over four years.
Key capital program project highlights for 2015-16 include:
“The Palaszczuk Government’s first Budget and its $10.1 billion capital works program in 2015-16 will provide Queensland communities with critical social and economic infrastructure to deliver jobs now, jobs for the future and prosperity,” Mr Pitt said.
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