Queensland’s 2021-22 Budget includes a massive $27.5 billion, four-year road and transport investment plan. Queensland Transport and Main Roads Minister, Mark Bailey stated, “since the beginning of 2020, we’ve injected an extra $1.3 billion into the economy to accelerate almost 200 road and transport projects and support jobs when they were needed”.
Road safety remains a priority for the State, with 120 lives already lost on the roads this year. “The budget is committing $1.6 billion to prioritise safety upgrades like better rest facilities, new road barriers, extra street lighting and overtaking lanes, audio line-marking and wide centreline treatments on high-risk roads across the state”, said Mr Bailey.
In terms of rail infrastructure, the budget will further work on the Cross River Rail as well as start the build of the light rail to Burleigh. The State Government is also committed to delivering reliable and affordable power to Queenslanders with $2 billion in the budget assigned to renewable energy projects and network upgrades.
The budget also aligns with the Building our Regions program which focuses on water infrastructure. In the highly successful program, Regional councils are able to bid for $70 million in funding over the course of 3 years, improving their water and sewerage systems in their local council area.
- $2.1 billion for Gateway Motorway and Bruce Highway upgrades in northern Brisbane
- $1.065 billion Rockhampton Ring Road
- $1 billion Pacific Motorway Varsity Lakes to Tugun upgrade
- $1 billion funding commitment for Pacific Motorway Daisy Hill to Logan Motorway
- $1 billion Bruce Highway Cooroy to Curra Section D
- $5.4 billion Cross River Rail (100 per cent funded by the Palaszczuk Government and being delivered by the Cross River Rail Delivery Authority)
- $4.156 billion New Generation Rollingstock being delivered as a Public-Private Partnership
- $1.044 billion Gold Coast Light Rail (Stage 3) Broadbeach South to Burleigh Heads (with project costs subject to the finalisation of contract negotiations)
- $646.4 million European Train Control System Level 2 upgrades
- $600 million Rollingstock Expansion Project
- $550.8 million North Coast Line – Beerburrum to Nambour Rail Upgrade (Stage 1)
Queensland Contractors trust Assignar to support their business operations. Assignar is the operations platform built for self-perform and subcontractors. Learn more about how digitising your business operations can help your business. Request demo here.