Part 3: Capital Measures
Infrastructure, Transport, Regional Development and Local Government
Nation Building Plan for the Future — Building Australia Fund — Investing in port and rail projects
| 2008‑09 | 2009‑10 | 2010‑11 | 2011‑12 | 2012‑13 | |
|---|---|---|---|---|---|
| Department of Infrastructure, Transport, Regional Development and Local Government | - | - | - | - | - |
The Government has made provision for a possible equity contribution of $365.0 million in 2009‑10 in relation to the Gold Coast Light Rail project. This project has been recommended by Infrastructure Australia. The Government's contribution will be made subject to negotiations with the project proponents and the establishment of an appropriate equity vehicle. This project will provide a light rail public transport link between Griffith University (Gold Coast Campus) and Broadbeach via Southport.
The Government has also made provision for possible equity contributions in relation to projects at Darwin and Oakajee ports, pending recommendation of the projects by Infrastructure Australia, negotiations with the project proponents and the establishment of an appropriate equity vehicle. The details of the projects are as follows:
- Oakajee Port Common User Facilities (Geraldton, Western Australia): development of common use port components, including maritime and land—based facilities such as the breakwater, turning basin, channel, navigational aids, and port administration offices; and
- Darwin Port Expansion (Darwin, Northern Territory): including land reclamation, a second rail dump and a new berth, ship loader and conveyor equipment, to deliver improved traffic management to the Port of Darwin and the Alice Springs to Darwin railhead.
Funding for these projects would be provided from the Building Australia Fund.
See also the related expense measures titled Nation Building Plan for the Future — Building Australia Fund — Investing in Network 1, Nation Building Plan for the Future — Building Australia Fund — Investing in metro rail, Nation Building Plan for the Future — Investing in public transport links for our major cities and Nation Building Plan for the Future —Bruce Highway and bring forward of funding in the Infrastructure, Transport, Regional Development and Local Government portfolio and Nation Building Plan for the Future — Investing in public transport links for our major cities and Nation Building Plan for the Future —Bruce Highway and bring forward of funding in the Treasury portfolio.
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