Unlock the North | 2023 State & Federal Budget Submission

Page 23

AFFORDABLE ENABLING GREEN MANUFACTURING POWER & INDUSTRY

AYR INDUSTRIAL ESTATE EXPANSION INDUSTRY AND JOB GROWTH OPPORTUNITY Burdekin Shire Council’s proposal to develop additional land for industrial purposes is shovel ready. The Stage 1 expansion of the Ayr Industrial Estate will create 25 (of 45) allotments in a fully serviced employment precinct. Initially developed in the 1980s, Ayr’s existing industrial estate is at capacity. Adjoining land adjacent to the existing Ayr Industrial Estate was purchased in 2019 for expansion purposes. Providing additional serviced industrial land in Burdekin Shire supports the objectives of the North Queensland Regional Plan (March 2020), which identifies a shortage of suitably sized and located industrial land in the region.

businesses will provide 176 direct jobs (on-site) with an indirect demand for intermediate goods and services across related industry sectors resulting in an estimated additional 174 jobs and the creation of a further 36 jobs as a result of consumption impacts. The expanded Ayr Industrial Estate will improve the livelihoods of residents by supporting more people to participate in productive employment and apprenticeships as well as on-the-job training. Social benefits would be improved through a reduction in social isolation, improving wellness, ensuring residents stay in the community, addressing mental health issues, and improving environmental impacts by, for example, reductions in emissions in residential areas.

The need has also been highlighted as a priority in the Townsville and North West Queensland Economic Recovery and Growth Strategy, which was prepared on behalf of Regional Development Australia Townsville and North West Queensland.

STATUS: A business case, Cost Benefit Analysis and Cost Summary have been prepared for the project. Engineering designs and planning approvals are also in place.

BENEFITS: Stage 1 expansion will create 25 new businesses in the district with an estimated construction activity worth $54.1 million. Once constructed, it is estimated new, existing and expanding

225

CONSTRUCTION JOBS

WHAT WE NEED

176

4 million from the State or Federal Government to $ support the project.

$54.1M

IN CONSTRUCTION ACTIVITY

PERMANENT ONGOING JOBS

174

INDIRECT JOBS

CHARTERS TOWERS ENTERPRISE PRECINCT Charters Towers Enterprise Precinct is a new commercial and industrial precinct to secure the future of economic investment and growth in the Charters Towers Region, with proximity to Charters Towers CBD, access to electricity, and features that make it versatile and attractive for a variety of commercial and industrial uses.

83

DIRECT LOCAL CONSTRUCTION JOBS

State Funding

Federal Funding

WHAT WE NEED $16 million from State or Federal Government to complete trunk water infrastructure. $23.1 million from State or Federal Government to invest in the precinct immediately to secure several active enquiries:

51

PERMANENT ONGOING JOBS

State and/or Federal

Funding N/A

$4 million – road train access

$4 million – Titley’s Road upgrades

$4 million – water connection

$5.2 million – electricity connection

$1.2 million – rezone and clear

2023 STATE AND FEDERAL BUDGET SUBMISSION

23


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Unlock the North | 2023 State & Federal Budget Submission by Townsville Enterprise - Issuu