The Queensland construction sector is set to benefit from a series of infrastructure projects earmarked across the state, including a $415.6 million upgrade of the Bruce Highway.
Announcing the multimillion-dollar development this week (September 11), state transport and main roads minister Scott Emerson said the project was just one of billions of dollars of infrastructure work scheduled across the state as part of Queensland 2012 – 2013 budget.
He commented: "Along with our $415.6 million boost, we are funding $200 million in this budget as part of our $1 billion commitment over ten years, if the federal government brings forward their funding for the Bruce Highway.
"We are committed to investing in this lifeline of Queensland and making the tough decisions to ensure we deliver better roads, rail, port and transport infrastructure."
As part of this year's state budget, $17.8 billion will also be contributed to the Queensland Transport and Roads Investment Program.
With increased activity in the building sector, thousands of construction jobs are likely to be generated over the next decade as large projects kick-off.
A number of major developments are earmarked for south-east Queensland including $66 million to kick start to Moreton Bay Rail Link project, $279 for the Gold Coast Rapid Transit project, $219.9 million for upgrades of the Warrego Highway and $100.5 million worth of works on the Landsborough Highway.