Bowen River Utilities (BRU) welcomes the announcement by the Deputy Prime Minister, the Hon Michael McCormack MP, to inject an additional $2 billion into the National Water Infrastructure Development Fund.
This new funding demonstrates that the Federal Government is listening to industry and is serious about helping to create jobs, especially in the regions. Water security is vital and can deliver significant flow on economic benefits.
BRU is driving a nation-building infrastructure project that will create almost 1200 jobs during construction and an additional 650 jobs once operational. Importantly, the project will also help to facilitate other projects in the region and diversify the local economy. These projects include the Urannah Water Scheme, Collinsville Irrigation Scheme and the Bowen Renewable Energy Hub.
To progress these projects and create the much needed jobs for regional Queensland, BRU will actively pursue support from the National Water Infrastructure Development Fund. Delivering this project in a timely manner will assist in the COVID-19 Recovery and help get many towns within regional Queensland back on their feet faster.
Project Director, Mr John Cotter, thanked the Federal Government for their commitment to improve water security and recognition of the economic benefits of investing in water infrastructure projects.
“The additional $2 billion for the National Water Infrastructure Development Fund will unlock the potential to deliver high quality and efficient water projects that will help build Australia’s water security.”
“We are about to publish our Detailed Business Case and we are ready to go! The numbers are in and the Urannah Water Scheme is the only project that stacks up to deliver food and green jobs for Collinsville.”
“The sooner we can access support from the Fund, the sooner we can deliver jobs and economic prosperity for North Queensland,” he said.