AusRAIL, Market Sectors

Australia TradeCoast lays down infrastructure to-do list

<p>Brisbane’s port, airport, transport and warehousing district, Australia TradeCoast, has released a 20-year Strategic Infrastructure Plan, laying out a $6.26bn wishlist.</p> <p>Australia TradeCoast general manager Wendy McMillan said private shareholding partners in the region had already committed $5.74 bn to the projects in question.</p> <p>The remainder of the funding was more than manageable over a 20-year period, she said.</p> <p>&#8220With Australia TradeCoast’s employment forecast to hit 100,000 by 2026 and its direct and indirect input to Gross State Product expected to reach $16.3 bn by 2013&#4714, it is vital we plan for future infrastructure needs to ensure the region continues to grow and contribute to Queensland’s economy,&#8221 Ms McMillan said.</p> <p>The report’s key findings focus on infrastructure needs, including roads and road freight, rail freight, public transport, fill requirements, water use, energy, community facilities and environment and heritage issues. </p> <p>&#8220Australia TradeCoast’s shareholding partners have embraced the infrastructure planning process, providing a coordinated approach to development that enables proper sequencing of projects,&#8221 Ms McMillan said. </p> <p>&#8220The result is that planning for the region is being coordinated across the partners, government, utilities and private sector.&#8221</p> <p>Australia TradeCoast comprises the largest supply of future industrial land in Brisbane, with more than 1,300 ha of greenfield land available.</p> <br />