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

  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
  • Spain: 'spend more on maintenance'
    July 5, 2012
    Spain's road maintenance deficit has now reached €8.6 billion in the period since 2005, according to road maintenance companies. The industry has now asked the authorities to invest 2.5% of the roads value on maintenance to take up the shortfall. The companies include Imesapi and Dragados (ACS); Grupisa (Ferrovial); Acciona Mantenimiento de Infraestructuras (Acciona); Martinsa (FCC); Valoriza (Sacyr), and Elsan (OHL). This group says that the value of all the roads the Spanish government is responsible for
  • Philippines: Laguna Expressway and Dike Project fails to get bids
    March 30, 2016
    Construction of a major 47km highway and sea protection dike development in Manila has been thrown into doubt after no bids were received for the US$2.65 billion contract. Philippines media report that the Department of Public Works and Highways declared the auction for the six-lane Laguna Expressway Dike Project a failure after the three pre-qualified bidders didn’t submit bids. The pre-qualified consortia were Trident Infrastructure and Development consortium – consisting of SM Prime Holdings, Megaw
  • Montreal’s critical list of deteriorating bridges and tunnels has doubled
    September 3, 2012
    The number of Montreal’s bridges and tunnels in a “critical” condition has more than doubled during the past 12 months, says a shocking new report looking at the state of the city’s transport infrastructure. The new report, which came out this month, shows that 27 of the city’s 587 highway structures reached “critical condition” in 2011 compared with only 12 in 2010.