The NSW Government has welcomed the release of the independent 20-year strategy from Infrastructure NSW to support the state’s future through an ongoing infrastructure investment program.
Minister for Infrastructure Rob Stokes said the release of Staying Ahead: State Infrastructure Strategy 2022-2042 contained many important recommendations for the NSW Government to consider.
“NSW is the megaproject capital of Australia and a global leader in infrastructure delivery, with our $110 billion project pipeline dwarfing those of previous governments,” Mr Stokes said.
“That record infrastructure delivery will continue, but we must now consider the global challenges affecting us and the independent advice from Infrastructure NSW.
“The report provides clear recommendations for us to diversify our infrastructure pipeline, consider more smaller projects while continuing to deliver city and state-shaping projects.”
Chair of the Infrastructure NSW Board Graham Bradley said the strategy recommends the NSW Government sustain high infrastructure investment while pursuing a diversified infrastructure pipeline.
“We need to find a balance between the megaprojects of the past decade and more small and medium sized projects that can deliver great value and be more reliably delivered in a time of a tightening construction market,” Mr Bradley said.
“A significant investment program in large and transformative projects will continue, with155 large projects to be completed over the next decade.
To view the strategy visit: sis2022.infrastructure.nsw.gov.au
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