Encouraging forecast for Qld major projects

Things are looking up in Queensland in the major projects sector.

Construction Skills Queensland (CSQ) and Queensland Major Contractors Association (QMCA) released the 2016 Major Projects Report this week, and it shows an improved forecast for 2016/17 and a significant increase for 2017/2018.

It is expected the level of activity in 2017/2018 will not only exceed previous forecasts but also be 50% higher than 2016/2017.

According to the report, the increased activity in the major projects sector can be attributed to the Ipswich Motorway, North Coast Freight Rail, the NBN roll out and increased development in renewable energy generation.

CSQ CEO Brett Schimming said it was pleasing to see the industry returning to modest growth.

“During the last five years we have seen engineering construction activity returning to normal levels after reaching a historic high during the resources boom. This trend is expected to continue for the remainder of this year,” he said.

“Civil construction occupations will continue to be important to help build and maintain infrastructure assets including railways, ports, harbours, roads, pipelines, energy and telecommunications.

“CSQ is working closely with industry and government to ensure these sectors have the right skills, in the right place and the right time.”