A booming economy in Central Queensland

Posted: 19th Jun

In excess of A$3.6 billion worth of major projects, in Defence, Renewables and Infrastructure, are either approved or underway in the Central Queensland region. With direct jobs numbering in the thousands, and more jobs in other industries needed to support these employees, the region is looking forward to a positive decade ahead.

In the Rockhampton and Capricorn Coast region, these projects include:

  • Shoalwater Bay Military Training Area (SWBMTA) Remediation Project, north of Yeppoon, worth A$135 million (Downer/FKG Joint Venture), and SWBMTA Australia Singapore Military Training Initiative, north of Yeppoon, worth A$800 million (Laing O’Rourke), to be completed by 2022.
  • Clarke Creek Wind and Solar Project, worth A$1,500 million (Lacour Energy/Goldwind Australia) – estimated to be operational in 2022.
  • Keppel Bay Convention Centre and Sporting Hub, Yeppoon, worth A$63 million (Keppel Bay Sailing Club Yeppoon)
  • Bruce Highway – Northern Access Upgrade, RockHampton, worth A$121 million – MCIlwain Civil Engineering/SGQ.
  • Capricorn Highway, Rockhampton to Gracemere, worth A$75 million (Fulton Hogan/SMEC).
  • Rockhampton Ring Road Plan and Preserve Project, worth A$1 billion (AECOM planning phase coordinator).
  • Future works in Rockhampton and the Capricorn Coast include the Yeppoon Homemaker Centre, Yeppoon Heritage Railway Precinct (Station Quarter) master plan, Yeppoon Rail Trail project, a second Aldi store and Kortes Resort masterplan.

In the year ending 2019, the Rockhampton and Capricorn Coast region saw the population increasing, unemployment rates decreasing, and business numbers improving, particularly in Yeppoon and its surrounds, which are all positive signs for the regional economy. Major construction projects are still underway and planning for future projects continues. This confidence in the economic strength of our region is a reassuring and encouraging sign that our economy can rebound from the impacts of COVID-19.

Together with these major regional projects, the Livingstone Shire and Rockhampton Regional Councils have been investing in our region. Our region’s appeal has never been greater thanks to major beautification projects in public infrastructure developments along the Yeppoon Foreshore, Rockhampton Riverfront, Rockhampton Museum of Art, Mount Archer, Mount Morgan Town Centre, Wreck Point, and the coastal bikeway/pathway link from Yeppoon to Rosslyn Bay Harbour/Keppel Bay Marina, which will eventually link right along the Capricorn Coast to Emu Park.

To stay always up to date with the latest project information, opportunities and tenders, save https://capricornenterprise.com.au/economic-development/major-regional-projects-2/ to your website favourites.

Road construction

 

Yeppoon Lagoon