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Queensland to invest 46 billion in infrastructure development

 
[Social News]     02 Aug 2018
Kunzhou`s government, led by Governor Palaszczuk, has unveiled its latest infrastructure plan for 2018, with a total of A $45.8 billion in infrastructure spending over the next four years.

Kunzhou`s government, led by Governor Palaszczuk, has unveiled its latest infrastructure plan for 2018, with a total of A $45.8 billion in infrastructure spending over the next four years.

Queensland to invest 46 billion in infrastructure development

In the latest release, part 2 of the Kunzhou Infrastructure Planning case, (SIP), focuses on a series of infrastructure projects, which also outline a total of A $11.6 billion worth of infrastructure investments to be made in 2018-19. Designed to benefit up to 38000 jobs.

Deloitte Economic (Deloitte Access Economics), an economic forecasting agency, said the prospects for the state`s engineering construction industry were better than those of the recent period.

Deloitte said in its quarterly business outlook report: "the new states, the state of Victoria, are indulging in the wealth of a strong housing market and privatisation of assets," said Deloitte. While Kunzhou relies more on rising new taxes and debt to finance infrastructure projects. "

Minister Cameron Dick, the state`s development, manufacturing, infrastructure and planning department, said 65 percent of the state`s infrastructure budget was allocated outside Greater Brisbane.

"it is planned that over the next four years, A $21.7 billion will be spent on transport and road infrastructure construction in similar projects such as the Kunzhou Transport Road and Investment Project (2018 / 19-2021-22), in the course of the implementation of the project, It is expected that an average of 19200 jobs will benefit directly. "

Queensland to invest 46 billion in infrastructure development

Dick minister also explained that the A $5.4 billion trans-river railway project, which will be completed in partnership with private companies, is the state`s largest infrastructure investment in more than a decade. Steve Abson, chairman of (Infrastructure Association of Queensland), the Kunzhou Infrastructure Association, said the latest infrastructure investment strategy had boosted confidence among private companies and made them more daring to invest in their own Kunzhou projects.

What is needed now is "solidarity and collaboration between government and private companies at all levels."

Seven new projects have been added to Kunzhou`s (Building Queensland, (BQ) infrastructure plan, including upgrading the Centenary and Sunshine highways, and building a third track on the gold coast rail line connecting Kuraby and Beenleigh.

Queensland to invest 46 billion in infrastructure development

The BQ Infrastructure report lists key infrastructure projects being developed by government, Kunzhou, and identifies 18 infrastructure projects that have been identified for funding since June 2016. These include upgrading the M1 highway from Eight Mile Plains to Daisy Hill and Varsity Lakes to Tugan, the Beerburrum to Nambour rail upgrade to, Lower Fitzroy River infrastructure projects and the construction of New Performing Arts Venue.

According to the Deloitte Business Outlook report, more and more people are moving to Kunzhou with the growing tide of interstate immigration, which is now the third fastest growing population in the country, second only to Victoria and the capital territory of (ACT).

The report also noted that as housing prices continue to rise in areas south of Kunzhou and more "economic refugees begin to move north," the state has completely stepped out of the most difficult period of mining construction.

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