QMCA Pipeline Event

Recently we attended the Queensland Major Contractors Association (QMCA) workshop in Townsville. It was great to meet up with other industry representatives at the event.
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The workshop included briefings on the pipeline of work coming up for Queensland, with Andrew Chapman CEO of QMCA highlighting the Queensland Major Projects Pipeline 2024 Report.
 
“The next five years will be incredibly busy. In addition to engineering projects, Queensland is set to make major investments in health and education infrastructure, and later in the decade, we expect a surge in residential building activity. With competition for skills and resources across Australia, sustained pressure on costs, industry capability, and capacity is inevitable. We have an opportunity to establish a collaborative approach between government, industry, and other relevant stakeholders to deliver real sustainable best practice project delivery that incorporates safe, productive project delivery providing surety for clients on project cost and timeframes.”
 
The bulk of the project work – $71 billion of the approximately $104 billion pipeline – is slated for delivery between 2025/26 and 2027/28. Chapman concluded, “The pipeline is growing, and while the value has increased, it is crucial to focus on efficiency, collaboration, and strategic planning to deliver projects that benefit Queenslanders and create lasting value.”
 
You can read the report here: https://qmca.com.au/queensland-major-contractors-association-launches-2024-major-projects-pipeline-report-highlighting-a-golden-decade-for-infrastructure-investment/