Bringing together all three levels of Government, the South East Queensland City Deal has been signed, launching a joint commitment to deliver $1.8 billion worth of infrastructure investment to the region.
The City Deal is supported by a $667.77 million investment from the Commonwealth, $618.78 million from the state and $501.62 from the SEQ Council of Mayors, plus $75 million from industry.
The SEQ City Deal will deliver 31 commitments to achieve four key objectives:
- Accelerating future jobs across SEQ
- A faster, more connected SEQ region
- A more liveable SEQ
- Create thriving communities
Key projects in the City Deal include:
- $450 million for the Gabba Brisbane Metro Station, to deliver enhanced transport connections and support the 2032 Brisbane Olympic and Paralympic Games;
- $285 million for the SEQ Liveability Fund to deliver projects of social and economic priority for the councils;
- $150 million for the SEQ Innovation Economy Fund to support capital projects that promote and grow the region’s innovation economy;
- $105 million for resource recovery infrastructure to develop a region-wide approach to managing waste and progress the region to a circular economy;
- $70 million for digital connectivity projects to support place based telecommunications infrastructure and improved digital connectivity.
More information here