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$740m construction boost for Queensland

$740m construction boost for Queensland

More than $740m of construction projects are earmarked for Queensland.

More than $700 million in building projects is earmarked for education campuses and properties across Queensland, boosting the local construction sector as a by-product.

The University of Queensland (UQ) announced today (August 22), a number of multimillion dollar developments were under construction at its sites across the state.

Alan Egan, UQ office of property and facilities director, said the scheduled buildings would ensure Queenslanders receive high quality education services.

“The challenge is to develop and adapt our various campus environments so that they provide the best possible facilities our university community needs and expects,” Mr Egan explained.

The multimillion dollar development includes the new $354 million Translational Research Institute (TRI) Queensland – due for completion next year.

Mr Egan said the new building will be a state-of-the-centre facility where new biopharmaceuticals and treatments will be tested and developed.

A 20,000 sq m Advanced Engineering Building (AEB) costing $135 million, and a $31.8 million Global Change Institute (GCI) are also part of the development.

The project represent significant opportunity for those employed in the local construction sector, with the creation of jobs in Queensland a knock-on effect.

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