$174 million capital investment in region’s future
  • Wednesday 30 June 2010

Council will deliver a $174 million capital works program over the next 12 months to build essential infrastructure to support the growing Sunshine Coast region.

Funds in the 2010/11 budget are earmarked for major works that include a $13.92 million road reseal and rehabilitation program, $9.5 million Nambour landfill expansion, $9.1 million in public transport infrastructure, $7 million to replace aging timber bridges and $11.2 million for upgrading and construction of council’s key sealed road network.

Other capital projects include transportation, parks and gardens, community buildings and facilities, stormwater and waterways as well as capital investment in caravan parks, Sunshine Coast Airport and waste management facilities.

Assets Management portfolio holder, Cr Ted Hungerford, said investing wisely in the region’s assets is a priority for this council, to provide essential services to existing and future communities.

“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 $4 billion in community assets.

“This includes prudent maintenance and renewal programs to maintain existing service levels to the community and working more wisely in planning our new investment opportunities.

“This financial year marks the continuation of a $634 million regional five-year capital works program that outlines council’s investment in our region’s assets well into the future.

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