ABC News reports that Queensland is looking to the private sector to help it build a $2.6 billion dam and $2 billion off-shore cargo facility. Premer Anna Bligh said on Tuesday that the Queensland Treasury had been tasked with investigating investment opportunities to fund the Connors River Dam and proposed multi-cargo facility at Abbot Point. The government expects to approach the market in early 2012." /> ABC News reports that Queensland is looking to the private sector to help it build a $2.6 billion dam and $2 billion off-shore cargo facility. Premer Anna Bligh said on Tuesday that the Queensland Treasury had been tasked with investigating investment opportunities to fund the Connors River Dam and proposed multi-cargo facility at Abbot Point. The government expects to approach the market in early 2012." /> Queensland puts $4.6 billion in mining infrastructure spending to the private sector - MINING.COM

Queensland puts $4.6 billion in mining infrastructure spending to the private sector

Michael Allan McCrae | September 7, 2011 | 4:24 pm Europe 

ABC News reports that Queensland is looking to the private sector to help it build a $2.6 billion dam and $2 billion off-shore cargo facility.

Premer Anna Bligh said on Tuesday that the Queensland Treasury had been tasked with investigating investment opportunities to fund the Connors River Dam and proposed multi-cargo facility at Abbot Point. The government expects to approach the market in early 2012.

The proposed $2.6 billion Connors River dam and pipelines project involves a 49,500 megalitre dam and two pipelines; a 133 km pipeline from the dam to Moranbah and a 265 km pipeline from Moranbah to Alpha. The projects would deliver reliable water supplies to the Bowen and Galilee coal basins as well as the townships of Nebo, Moranbah and Alpha.

Abbot Point is a $2 billion-plus project targeted for 2014-15.

The offshore multi-cargo facility could provide for up to 12 cape-sizeable berths and tug harbour.

Mining.com Recommends

Mining’s old guard needs strong medicine

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Frik Els | November 22, 2024 | 3:29 pm

More News