CREATE
  • Technology
    • BIOTECH
    • COMMUNICATIONS
    • COMPUTING
    • IMAGING
    • MATERIALS
    • ROBOTICS
    • SOFTWARE
  • Industry
    • DEFENCE
    • INFRASTRUCTURE
    • INNOVATION
    • MANUFACTURING
    • POLICY
    • PROJECTS
    • TRANSPORT
  • Sustainability
    • ENERGY
    • ENVIRONMENT
    • RESOURCES
  • Community
    • CULTURE
    • PEOPLE
  • Career
    • EDUCATION
    • INSPIRATION
    • LEADERSHIP
    • TRENDS
  • About
    • CONTACT
    • SUBSCRIBE
No Result
View All Result
CREATE
  • Technology
    • BIOTECH
    • COMMUNICATIONS
    • COMPUTING
    • IMAGING
    • MATERIALS
    • ROBOTICS
    • SOFTWARE
  • Industry
    • DEFENCE
    • INFRASTRUCTURE
    • INNOVATION
    • MANUFACTURING
    • POLICY
    • PROJECTS
    • TRANSPORT
  • Sustainability
    • ENERGY
    • ENVIRONMENT
    • RESOURCES
  • Community
    • CULTURE
    • PEOPLE
  • Career
    • EDUCATION
    • INSPIRATION
    • LEADERSHIP
    • TRENDS
  • About
    • CONTACT
    • SUBSCRIBE
No Result
View All Result
CREATE
No Result
View All Result
Home Industry Infrastructure

Banking on an infrastructure-led economic recovery

create by create
18 August 2020
in Infrastructure
2 min read
0
the independent advisory body

Infrastructure Australia has released an updated edition of its Priority List, with 12 new projects added to a pipeline valued at $64 billion.

Half of the new projects announced on the updated list are in Queensland, while four are on the Federal Government’s list of 15 critical projects that will be fast tracked to provide economic and jobs stimulus in the wake of COVID-19.

Infrastructure Australia CEO Romilly Madew said the Priority List was sourced from a “record number of projects” submitted to the independent advisory body, and took into account factors such job creation during and after the project, as well as reducing congestion.

“Australia is planning its recovery from a rolling series of crises: drought, flood, the bushfires and now COVID-19,” she said.

“As we look forward, the focus is on delivery and as the nation’s infrastructure advisory body, we are continuing to improve our ability to move quickly to identify investments that will improve productivity — this is about expanding the pipeline, keeping the economy growing, helping to create jobs and attract investment.”

The Priority List currently identifies 155 nationally significant infrastructure proposals that will deliver the greatest economic and social returns for the nation, including seven ‘high priority projects’, 21 ‘priority projects’, 37 ‘high priority initiatives’ and 90 ‘priority initiatives’.

The latest entries to the Priority List are:

The projects are expected to create some 6000 new jobs, although a breakdown of the nature of those jobs are not yet clear.

“As more projects are accelerated, the Priority List will help support decision-making about Australia’s spending priorities by ensuring business cases for large projects include rigorous planning, evidenced based problem definition, options analysis and independent assessment,” Madew said.

Infrastructure Australia is currently calling for submissions to the Priority List to be evaluated through the rest of this year and released in early 2021.

Tags: constructionbuildingInfrastructure Australia
Previous Post

5 ways to get involved in National Science Week

Next Post

7 books that should be on every engineer's ‘to read’ list

create

create

create tells the stories behind the latest trends, innovations and people shaping the engineering profession. Through our magazine, website, enewsletters and social media, we spread the word about all the ways engineers help create the world around us.

Next Post
If you’re after some new reading material to sink your teeth into, check out these books for engineers. You might even learn something.

7 books that should be on every engineer's ‘to read’ list

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

    WANT CREATE DELIVERED DIRECT TO YOUR INBOX? SUBSCRIBE TO OUR NEWSLETTER.

    By subscribing to create you are also subscribing to Engineers Australia content. Please find our Terms and conditions here

    create is brought to you by Engineers Australia, Australia's national body for engineers and the voice of more than 120,000 members. Backing today's problem-solvers so they can shape a better tomorrow.
    • ABOUT US
    • CONTACT US
    • SITEMAP
    • PRIVACY POLICY
    • TERMS
    • SUBSCRIBE

    © 2024 Engineers Australia

    No Result
    View All Result
    • Technology
      • BIOTECH
      • COMMUNICATIONS
      • COMPUTING
      • IMAGING
      • MATERIALS
      • ROBOTICS
      • SOFTWARE
    • Industry
      • DEFENCE
      • INFRASTRUCTURE
      • INNOVATION
      • MANUFACTURING
      • POLICY
      • PROJECTS
      • TRANSPORT
    • Sustainability
      • ENERGY
      • ENVIRONMENT
      • RESOURCES
    • Community
      • CULTURE
      • PEOPLE
    • Career
      • EDUCATION
      • INSPIRATION
      • LEADERSHIP
      • TRENDS
    • About
      • CONTACT
      • SUBSCRIBE