Skip to main content

Flood damage costing Queensland

The cost of repairing roads, highways and bridges damaged by the recent flooding in Queensland is expected to cost around US$2.47 billion (A$2.5 billion).
February 20, 2012 Read time: 1 min
The cost of repairing roads, highways and bridges damaged by the recent flooding in Queensland is expected to cost around US$2.47 billion (A$2.5 billion). The state government of Queensland has published a report estimating that repairing the damage caused by the floods will require some $4.94 billion of spending in total between 2010 and 2013.

Related Content

  • Volvo CE is increasing margins despite weak sales
    July 24, 2013
    Volvo CE reports that its operating margin has recovered in the second quarter of 2013, although the firm has been hit by weaker sales, especially in the mining industry. This situation reflects the continued slowdown in the size of the total market for construction equipment and the company’s sales were down 19% during the period. However the firm said that behind the headline figures there were underlying positives, not least a good order intake and improving trends in China, Europe and the Middle East, a
  • Michigan repairs following flooding
    July 3, 2017
    Major road repairs are required in the US State of Michigan following heavy rains and extensive flooding.
  • Pothole damage to be repaired
    February 21, 2012
    Councils in England will be given more than £100 million (€e117 million) of extra funding to spend on repairing potholes, Transport Secretary Philip Hammond has said.
  • Morocco plans repairs and further development of roads
    January 20, 2015
    Moroccan Ministry for Equipment and Transport has said that its 20-year plan for the country's motorway network will require an investment of US$5.86 billion. Funding sources for all of the work have yet to be secured. The country’s tolled highway system has been a success, although the Casablanca-Rabat-Tangiers route generates much of the total revenue. Morocco’s Ministry for Transport and Equipment is also looking to source financing worth $532.6 million. This will be used to repair damage to the road ne