The Australian Government has welcomed the recent release of Infrastructure Australia’s Infrastructure Priority List which highlights about $58 billion worth of high-priority and priority projects and initiatives across different sectors.
“The 2020 Infrastructure Priority List delivers the largest list of projects to date - including 147 nationally significant proposals across a range of sectors including transport, energy, water, communication, housing and education and about $58 billion worth of projects.
“This year’s list provides a new snapshot to guide infrastructure investment across the nation over the next 15 years,” Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said.
The Infrastructure Priority List will provide the Government with an “independent, expert input” as to where infrastructure spending should be directed.
“The list focuses on delivering regional and urban projects to support a growing population, to meet the national freight challenge and get Australians home to their loved ones sooner and safer.
“Strategic advice and expert planning is critical to help guide the Liberal and Nationals Government’s 10-year, $100 billion infrastructure plan which is already boosting the economy and helping Australians reach their destination more quickly and safely,” Mr McCormack said.
A number of major congestion-busting initiatives that appeared for the first time on the list are already being supported by the Government, including projects in the country’s largest capital cities and projects that help promote growth across regional Australia.
Projects in the list that are already being supported by the Government include:
- $155 million for the Nowra Bridge project
- $500 million for the NSW section of the Princes Highway Corridor, with investment decisions to be informed by the now completed Princes Highway Corridor Strategy
- $225 million for the Frankston to Baxter Rail Upgrade
- $269 million for the Gold Coast Light Rail Stage 3A
- $375 million for the M1 Pacific Motorway - Eight Mile Plains to Daisy Hill upgrade
- $500 million for the M1 Pacific Motorway - Varsity Lakes to Tugun upgrade
- $130 million for the Bruce Highway - Deception Bay Road Interchange upgrade
- $530 million for the Bruce Highway - Caboolture-Bribie Island Road to Steve Irwin Way upgrade
- $241 million for the Bruce Highway - Maroochydore Road and Mons Road Interchanges upgrade
- $800 million for the Bruce Highway - Cooroy to Curra - Section D upgrade
- $384 million for the Bruce Highway - Cairns Southern Access - Stage 3 - Edmonton to Gordonvale upgrade
- $120 million for the Bowen Basin Service Link - Walkerston Bypass project
- $220 million for the Great Northern Highway - Bindoon Bypass project
- $70 million to upgrade the Wheatbelt Secondary Freight Network
Subscribe to the PlantMiner blog today to receive the latest industry news and project updates straight to your inbox.