WHY CENTRAL QUEENSLAND CONTINUES TO BE ECONOMIC POWERHOUSE! $159 BILLION REASONS

Transcription

WHY CENTRAL QUEENSLAND CONTINUES TO BE ECONOMIC POWERHOUSE! $159 BILLION REASONS
$159 BILLION REASONS WHY CENTRAL QUEENSLAND
CONTINUES TO BE ECONOMIC POWERHOUSE!
12th July 2013
Central Queensland continues to be the economic powerhouse of the state, even amidst
recent downturn in the booming resources sector.
Today, Capricorn Enterprise has released its findings for the regions detailed Major Project
Status Report. The report, which involves weeks of detailed research, reveals $159 Billion
worth of projects continue to be underway or planned over the next decade.
Capricorn Enterprise CEO Mary Carroll said the figure represented nearly a 10 per cent hike
in the value of major projects underway and planned for the area since April 2011.
The report categories include Coal, Minerals Energy, Rail, Road and Development.
Ms Carroll said “In 2009 we hit $100 Billion worth of projects for CQ, which grew in 2011 to
$146 Billion. Now in 2013, despite recent downturns, we still have a massive $159 Billion
worth of projects underway and planned for the next decade. CQ continues to be the
economic powerhouse of the state.”
Since the April 2011 Major Projects Status report, a number of projects worth $8 Billion have
been completed in the region, including coal, mineral and energy projects, roads and
transport infrastructure, and community and schools infrastructure. Completed projects are
not included in the 2013 summary.
The estimated costs for the new and ongoing major project categories is greater in 2013 than
in 2011 with the exception of minerals projects ($7.766B in 2011 and $6.5B in 2013) and rail
projects ($6.869B in 2011 and $6.770B in 2013). The 2013 Major Projects report also
includes a number of projects which have been identified where costs have yet to be
published. Data reported in 2011 but not in 2013 included Ports, Water, Community and
Schools (Building the Education Revolution).
Ms Carroll said “We have hundreds of major infrastructure and development projects
underway or in the pipeline for everything from tourism, resources and energy to
construction, roads and rail.”
“Whilst media seems to be focussed on the job losses announced, we must remember that
businesses are still employing people. These economic fluctuations are part and parcel of
our employment cycle and the fact is that a similar number of people were unemployed in
the Rockhampton Regional Council boundary in March 2013 (4,070 persons) compared to
March 2012 (4,019 persons)” she said.
“More telling, is that there has been job growth - in March 2013 there were an additional 1,620 people in
the labour force in our area compared to the same time last year“ she said.
....2
The Capricorn Coast and Gracemere continue to emerge as a dormitory areas for the expanding industrial,
commercial, retail and residential development occurring in and around Rockhampton.
“Central Queensland’s growth is putting pressure on its property market like never before. We continue to
see a strong real estate and rental market and the demand for accommodation spilling over from
Gladstone to Rockhampton and coastal areas like Yeppoon” she said.
ENDS:
Mary Carroll
Chief Executive Officer, Capricorn Enterprise
Ph: 0417 669 286
Est. Cost
($million)
Timing
10000
2016
North of Alpha
Not available
2022
Alpha West Project
Alpha
Not available
2027
Alpha West Project
Alpha
Not available
2018
Arcadia
4km south of Rolleston
Not available
Not available
Arcturus
Springsure
Not available
Not available
Baralaba North
Baralaba South
Belvedere
Bluff
China First
Cook Expansion
Curragh (Curragh West)
Curragh Expansion
Baralaba
Baralaba
Moura
Bluff
Alpha
Blackwater
Blacwater
Blackwater
500
300
2814
30
8000
130
200
286
2014
2015
2016
2014
2017
2012
2015
2012
Curragh South (MDL 162)
Blackwater
Not available
2015
Dawson South Expansion
Dingo West
Ensham Longwall
Moura
Dingo
Emerald
80
135
1000
2012
2014
2017
Not available
2015
Project Name
Location
Coal
Alpha Coal Project
40km NW Alpha
Alpha North Coal Project Laglan
Fairhill Coking Coal
Fitzroy Terminal Project
Jellinbah East (Mackenzie North)
Kestrel Expansion
Port Alma
Bluff
Emerald
1400
75
2000
2014
2015
2013
Kevin's Corner
55km north of Alpha
4200
2011-2015
Mackenzie River
Emerald
Not available
2015
Meteor Downs South (Orion Downs) Rolleston
Minyango
Blackwater
42
750
2013
2014
Oaky Creek (Phase 2)
Tieri
650
Not available
Rolleston Expansion (Phase 1)
Rolleston Expansion (Phase 2)
South Galilee
Rolleston
Rolleston
Alpha
391
400
4200
2014
2014
2015
Springsure Creek
Springsure
Stage 1 - 743
Stage 2 - 437
2015-16
Styx
Tad's Corner (Alpha)
Taroborah
Taroom Project
Teresa
Togara North
Styx
Alpha
22km west of Emerald
Taroom
Emerald
Springsure
250
3400
800
800
750
800
2013
2014
2015
2018
2016
2015
Walton
Between Bluff and Dingo
Wandoan Expansion
Washpool
Taroom
Blackwater
Wilpeena
50km north Blackwater
Wilton Coal Project
Wonbindi
Yamala
Yarrabee East
Estimated total cost of coal projects
Minerals
Mt Morgan Gold
Gladstone Steelmaking Plant
East End Limestone
Mt Kroombit Copper-Zinc
Marlborough Nickel-Cobalt
Gladstone Nickel-Cobalt Refinery
Gladstone Steel Making Facility
45km northe east of
Emerald
Baralaba
Comet
Bluff
Rockhampton
Gladstone
Gladstone
Biloela
Marlborough
Gladstone
Gladstone
Estimated total cost for mineral
Energy
Blackwater to Emerald line rebuild
Reinforce supply to Capricorn Coast
Central Qld Gas pipeline
Blackwater CSG Power Station
Arrow Surat Gas Pipeline
Callide A Oxyfuel Project
Emerald / Blackwater
Yeppoon
Moranbah / Gladstone
Blackwater
Surat to Gladstone
Biloela
Moura CSG Power Station
Moura
Meridian CSG Field
Queensland Curtis LNG Project
Not available
Not available
9000
368
2020
2013
Not available
N/A
Not available
2015
150
350
260
55.7B
2014
2015
2013
60
2500
N/A
N/A
120
3800
N/A
2016
2014
2015
2016
On hold
2
2010-2013
6.5B
28
23
475
50
600
206
2013
2013
2010
2013
2014
2013
65
Not available
Moura
Gladstone
17
24400
2011
2014
Southern Cross LNG
Gladstone
Not available
2015
Australia Pacific LNG
Gladstone LNG (GLNG)
Arrow Energy LNG Plant - Trains 3
Arrow Energy LNG Plant - Trains 1
&2
Galilee Power Station
Fisherman's Landing LNG Plant
Dingonose/Duckworth CSG
Development
Arrow Bowen Gas pipeline
Blackwater to Norwich Park gas
Blackwater to Gladstone gas
Bowen Gas Project
Aldoga Gas Power Station
Estimated total cost for energy
Rail
Gladstone
Gladstone
Gladstone
23000
18000
16000
2015
2015
2017
Gladstone
Not available
2018+
Alpha
Gladstone
1250
1180
2017
2015
Not available
Not available
1000
100
300
500
400
87.6B
2017
2015
2015
2015
2014
200
2012
Rocklands to Stanwell duplication
Blackwater
Blackwater to Gladstone
Glenden to Blackwater
Gladstone
Rockhampton - between
Rocklands and Stanwell
Blackwater Power System
Strengthening project
Wiggins Island Balloon Loop
Surat Basin Railway
Hancock Galilee Railway
Waratah Galilee Railway
Dingo to Bluff Duplication
Bauhinia electrification
Estimated total cost of rail projects
Road
National Network
Sub-total National Network
State Network
Sub-total State Network
Local Network
Bluff / Stanwell
195
2012
Gladstone
200
Wandoan
1200
Alpha
2800
Alpha
2000
Blackwater System between
Dingo and Bluff
175
From Rangal south to
Rollestone Mine
Not available
6.8B
2012
2014
2014
2014
Barcaldine (R)
Blackall-Tambo (R)
Gladstone (R)
Longreach (R)
Rockhampton (R)
Banana (S)
Barcaldine (R)
Blackall-Tambo (R)
Central Highlands (R)
Gladstone (R)
Longreach (R)
Rockhampton (R)
Various local governments
Banana (S)
Barcaldine (R)
Blackall-Tambo (R)
Central Highlands (R)
Gladstone (R)
Longreach (R)
Rockhampton (R)
39.8
93.9
242.7
75.1
219.6
671.0
141.7
35.3
11.9
129.0
109.0
5.5
76.5
5.0
513.9
0.7
2.0
7.0
2.6
4.0
6.0
8.2
30.3
1.2B
Sub-total Local Network
Estimated total cost of road projects
Development
Medium to high density projects
Capricorn Coast, Rockhampton, Yeppoon
298.0
Low density projects
Rockhampton, Yeppoon
134.6
Resort projects
Capricorn Coast
700.0
Commercial projects
Rockhampton
29.0
Industrial projects
Gracemere, Yepoon
95.0
Estimated total cost of development projects
1.3B
Total projects
159.0B
mid 2013
mid 2013