North Qld hydro storage project set to create 500 jobs after securing $610m in funding
Northern Australia Infrastructure Facility (NAIF) has just approved a $610 million concessional loan…
8 June 2019
The Palaszczuk Government, together with Logan City Council and nine key developers have signed a momentous agreement to deliver $1.2 billion of essential infrastructure for the Yarrabilba and Greater Flagstone priority development areas.
The largest infrastructure agreement of its type to be executed by any local government in Australia, will see more than 170 kilometres of local council road upgraded to support growing populations in Queensland.
Infrastructure Minister Cameron Dick said “Flagstone and Yarrabilba are in Queensland’s fastest growing population corridor, with estimates showing by 2066 there will be 200,000 people living in these areas.”
Member for Logan Linus Power said new infrastructure will benefit all of southern Logan, not just the Flagstone and Yarrabilba areas. The multi-stakeholder deal will secure the infrastructure needs of the community over the next 45 years.
“It is critical that new residents in these communities have the infrastructure to deliver reliable water supply, environmentally-responsible wastewater treatment systems, practical pedestrian and cycle linkages and an effective and safe road network,” Power said.
The immediate and surrounding areas have already received new retail precincts, two new primary schools, family and community hubs and major sports and recreational parks. A state primary and high school are scheduled to open in 2020 as well as independent schools.