Infrastructure WA to keep WA’s growth on track
Today, Premier Mark McGowan commenced the process for establishing Infrastructure WA, an independent advisory body that will provide expert advice to Government on the infrastructure needs and priorities to support WA’s growth.
“The announcement is very welcome news not only to the property industry but the entire State,” WA executive director Lino Iacomella said.
“It is also very promising to see the Premier and his government turn election promises into a reality.
“Until now we were the only State without our own independent infrastructure body, which saw projects not prioritized, there were poor linkages between infrastructure agencies and land-use planning, and we did not prepare adequate business cases for federal infrastructure funding. The result was WA missed its fair share of national infrastructure allocations.
“The 20-year strategy that will be developed by Infrastructure WA, will secure investment long into the future. As well as providing a clear road map for development opportunities and locations for future affordable housing.
“Infrastructure WA will unlock the development potential of the State by providing certainty of infrastructure investment and job creating projects.
“We will also be in a much better position when it comes to attracting much-needed federal funding.
‘With a long-term strategy and priority projects in place, Infrastructure WA will inform important decision making and provide greater stability for the private sector to make investment decisions, maximizing the property industry’s capabilities to create jobs and keep WA growing,” Mr Iacomella said.