STATE RECONSTRUCTION HITS $3BN MARK

STATE RECONSTRUCTION HITS $3BN MARK

QUEENSLAND Premier Anna Bligh (pictured) has praised the climbing value of Southern Queensland’s reconstruction program.

Bligh claims the value of reconstruction projects in the region have surpassed $914 million, with $164.8 million in works completed, $556.5 underway or out to tender and $192.9 million in the pipeline.

"These dollars mean jobs for southern Queensland – the reconstruction of state and local government roads and assets through to 2013-14 will support more than 15,000 jobs around the state,” says Bligh.

"Across Queensland the reconstruction program has hit $3 billion with almost $700 million in reconstruction works completed so far – and it's just the start as the reconstruction program continues over the next two to three years.”

The Queensland Reconstruction Authority (QRA) is monitoring reconstruction region by region to ensure a maximum return on investment. Funds allocated for each region include $569.7 million (southeast), $994.9 million (central), $436.6 million (north) and $115 million (far north).

QRA chair major-general Richard Wilson, describes cooperation between state and local agencies on projects as positive.

"Travelling throughout the state and seeing council and Main Roads crews busy on the job, is the best demonstration the reconstruction effort is progressing well," says Wilson.

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Looking for a credit or charge card that’s built for your business? Try American Express
Partner Content
A good credit card should work for you, not against you, and let you and your business ...
American Express
Advertisement

Related Stories

Going green: Investible backs eight climate tech companies through $30 million fund

Going green: Investible backs eight climate tech companies through $30 million fund

A cohort of eight innovative technology companies contributing to d...

Devine abandons Alba to upsize at Burleigh Heads with $400m Burly tower

Devine abandons Alba to upsize at Burleigh Heads with $400m Burly tower

In a sign that the heat has yet to come out of the Gold Coast prope...

Mandatory COVID isolation to end nationally mid-October

Mandatory COVID isolation to end nationally mid-October

National Cabinet has today determined that mandatory isolation peri...

Sunset on the horizon in 2023 for developer Sunland

Sunset on the horizon in 2023 for developer Sunland

A developer behind some of the Gold Coast's most iconic buildin...