$60 billion on infrastructure register
The Federal Government has announced the total value on the National Infrastructure Construction Schedule (NICS) has topped $60 billion.
Created last year, the NICS provides the infrastructure sector with a database of all known and forecast infrastructure by all three levels of Government within Australia.
“Over time, the NICS will open up and attract more participants into the sector, which in turn will be good for competition and the price taxpayers ultimately pay to build the modern, well-planned infrastructure Australia needs for the future,” Federal Minister for Infrastructure Anthony Albanese said.
New projects recently added to the NICS include the $1.6 billion Port of Melbourne Port Capacity Project and the $300 million Blacktown Mt Druitt Hospital Stage 1 Expansion which are both at the Tender stage; as well as the Mental Health Program Phase 2 and the Critical Infrastructure Projects in Queensland which are both in the Planning stage.