Investor Presentaiton
Priority 7 Promote investment in infrastructure
Investment in infrastructure provides more jobs and improved regional access to new and existing markets.
The Queensland Government is committed to promoting infrastructure investment to support economic
growth and serve the state's dispersed regional population.
Queensland's vast geographic size and regionally dispersed
population means that Queensland needs extensive
infrastructure networks with capital investment to support
economic and population growth.
Queensland's modern and reliable infrastructure supports
the productive activities of local businesses and makes the
state an attractive place to invest capital.
Brisbane, Queensland
Courtesy of Brisbane Marketing
40 Queensland Trade and Investment Strategy 2017-2022
State Infrastructure Plan
Queensland's State Infrastructure Plan (SIP) sets out
the strategic direction for the planning, investment and
delivery of infrastructure throughout the state. The SIP
sets a clear vision for the future with a new approach to
infrastructure planning and prioritisation that articulates
how we will respond to key opportunities and challenges
facing Queensland.
It provides certainty through a program of investment
over the next four years and outlines future opportunities
for encouraging proposals from industry.
Within the SIP, the State Infrastructure Fund provides
over $2 billion to assist in infrastructure development
projects that enhance productivity, support jobs for
Queenslanders and increase business confidence.
Current action: The Queensland Government is
delivering the $20 million Maturing the Infrastructure
Pipeline Program.
For each dollar spent
on infrastructure, the economy
is boosted
by as much as
..
$1.8052
Public-private partnerships
Private sector investment is vital to delivering infrastructure
and a number of projects highlighted in the SIP have a mix
of public and private investment.
The Queensland Government actively pursues public-private
partnerships (PPP) for selected, high-value projects. Queensland
Treasury identifies investment opportunities and assesses
private finance options for significant projects and programs.
Projects of significance to Queensland are promoted to
international investors as part of Ministerial-led trade and
investment missions, as well as to inbound investor delegations.
Case study: Cross River Rail
Following a positive independent assessment by Building
Queensland, in June 2016 the Queensland Government
committed $800 million towards the Cross River Rail
project, with a further $10 million committed by the
Australian Government.
The project, a 10.2 kilometre rail link including
5.9 kilometres of tunnel under the Brisbane River and
CBD, will be one of Australia's largest innovation and
economic development initiatives, providing exciting
opportunities for private investment.
Cross River Rail will benefit commuters across
Queensland's south-east region by increasing peak
period rail capacity into the CBD from 86 to 134 trains per
hour, increasing the proportion of Brisbane's population
living within 30 minutes of employment from 15.2 per
cent in 2015 to 20 per cent in 2026, and avoiding annual
congestion costs to the economy of $240 million in 2036.View entire presentation