$250 million capital investment in region’s future
  • Tuesday 30 June 2009

Council will deliver a record $250 million during the next 12 months to build essential infrastructure that will support a growing Sunshine Coast region.

Capital projects include transportation, building and facilities, information technology, stormwater, waterways and coastal infrastructure, as well as capital investment in business units such as caravan parks.

Assets Management portfolio holder, Cr Ted Hungerford, said investing wisely in the region’s assets is a priority for this council.

“Managing growth on the Sunshine Coast in a sustainable way is a great challenge,” Cr Hungerford said.

“To help achieve our vision of becoming Australia’s most sustainable region, we need to work smarter to extend the life of our $5 billion in community assets.

“This includes prudent maintenance and renewal programs, and working more wisely in planning our new investment opportunities.

“This financial year marks the beginning of an $812 million regional five-year capital works program that outlines council’s investment in our region’s assets well into the future.

Cr Hungerford said this year’s program was a 54% or $87 million increase in capital expenditure over last year.

“It is a vast program of works that will be delivered in partnership with local commercial operators to help assure local jobs and keep money circulating through our economy.”

Major works include a $12.65 million roads reseal and rehabilitation program, $7.78 million for construction of Dixon Road in Buderim, $5.47 million for construction of Cooroy Library stage 2, $4 million to replace Dusty Rhodes Bridge on Petrie Creek Road and $3.34 million for stage 2 of Tooway Creek bridge replacement at Dicky Beach.

Capital projects in the 2009/2010 budget

  • Transportation $ 70.2 million
  • Water supply and sewerage $ 62.1 m
  • Community facilities (buildings) $ 24.1 m
  • Parks, gardens & reserves $ 21.5 m
  • Strategic land $ 11.5 m
  • Waste $ 14.9 m
  • Stormwater $ 7.0 m
  • Waterway and coastal infrastructure $ 6.1 m