Mining Exploration Boosted by $100m Funding Package
The Australian Government has extended the Junior Minerals Exploration Incentive (JMEI) by…
16 September 2019
Four projects have been classed as nationally significant investment opportunities that will have both immediate and long-term effects on Queensland’s communities. These projects include Stage 3A of the Gold Coat Light Rail and three sections of the Bruce Highway upgrade. The four projects combined means Qld has over $6 Billion worth of nationally significant projects on the Infrastructure Priority list to support growth Qld communities.
The Gold Coast Light Rail Stage 3A is a much-needed project for the Gold Coast which will address the high levels of traffic from both commuters and tourists alike.
Currently over 88% of commuters are travelling to Brisbane by vehicle. The congestion is expected to worsen as the population of the Gold Coast is due to grow by 55% between now and 2041 totalling approximately 928,000 people. The Gold Coast Light Rail will provide an alternative means of transport which can withstand the growing population.
Both the Queensland Government and The City of Gold Coast are dedicated to this project with them committing to putting in $351 Million and $112 Million respectively.
The Bruce Highway upgrade consists of the Cooroy to Curra Section D, Deception Bay Road Interchange Upgrade and Maroochydore Road Interchange Project.
The Cooroy to Curra Section D consists of a 63km stretch of the Bruce Highway. This is set to help drivers maintain a consistent speed limit and increase the safety of the road.
The Deception Bay Road Interchange will assist commuters traveling to and from Moreton Bay and will also assist freight vehicles traveling between Brisbane and Morton Bay. This is also set to improve access to employment for the Morton Bay community providing economic and social benefits.
The Maroochydore Road Interchange Project will address the congestion and safety of both the Maroochydore and Mons Road interchange by upgrading the Maroochydore Road interchange reconfiguring entry and exit ramps at Mons Road, constructing new service roads and widening the Mons Road underpass.
These projects will facilitate the ever-increasing population of Queensland and improve the driving conditions of the current population residing in the Sunshine State.