Queensland’s massive infrastructure budget

The Australian state of Queensland is setting out major plans for infrastructure development. A budget of US$33.8 billion (A$45 billion) has been set for improvements to transport systems across the state over a four year period. Planned work will include developing new roads and highways as well as road connections.
May 29, 2018 Read time: 1 min

The Australian state of Queensland is setting out major plans for infrastructure development. A budget of US$33.8 billion (A$45 billion) has been set for improvements to transport systems across the state over a four year period. Planned work will include developing new roads and highways as well as road connections.

Finance & Funding

Related Content

  • Italy budgets for highway maintenance, upgrades
    May 15, 2012
    Between January and September 2009, some €1.27 billion was invested into Italy’s highway network. This equated to 92% of the €1.38 billion originally estimated in the financial plan. ANAS, the Italian public motorway concessionary, said that by the 31 December, 2008, some €40.1 million was budgeted for ordinary maintenance, and €451.5 million linked to the financial benefit for delayed investments. The highway sector has an investment plan worth over €40.7 billion, of which €7.2 billion is for Concessioni
    Read More
  • Canadian province taps Vinci for its first public-private partnership
    August 7, 2015
    A Canadian subsidiary of Vinci Concessions, has signed a 30-year public-private partnership (P3) deal for a bypass around the Saskatchewan provincial capital city Regina. Regina Bypass Partners is a (37.5%) subsidiary of Vinci Concessions, in partnership with Parsons Enterprises (25%), Connor Clark & Lunn GVest fund (25%) and Gracorp Capital (12.5%). Parsons Enterprises - the Parsons division focused on the development, delivery, financing, and management of infrastructure under P3s - is an equity par
    Read More
  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel
    Read More
  • Melbourne picks PPP deal for roads between Werribee and Footscray
    November 14, 2016
    The Australian city of Melbourne has laid out plans for a US$1.4 billion public-private partnership to revamp major city streets. Melbourne is the capital and most populous city in the state of Victoria, and, with around 4.6 million people, the second most populous city in Australia. Some areas of Melbourne are growing by up to 6% a year. More than 700km of suburban roads will be upgraded by 2022 as part of the 20-year construction and maintenance package, said state premier Daniel Andrews. Eight h
    Read More

Highlighted Content