South Australia $6 billion major projects commitment

24th May, Adelaide, SA: More than $6 billion worth of major infrastructure projects are currently underway or scheduled to begin in South Australia over the 2016 period, precedent to the growing number of infrastructure development opportunities within the state.

Significant projects include the $985 million Northern Connector Project which aims to construct 43 kilometres of new motorway, connecting the recently completed Northern Expressway and South Road Superway links.

South Australia has also been chosen as the location to construct Australia’s next fleet of submarines at Adelaide's Osborne shipyards from local steel, as part of a $50 billion contract with France.

The 12 new submarines are due for completion early 2030, expected to create 2,800 local jobs, as well as an additional 2,000 jobs from the construction of a fleet of frigates announced days earlier.

Featuring a world-class maritime industry, these developments are testament to South Australia’s prominent Defence industry. Furthermore, the government has plans to extend the state’s Defence industry as outlined in the 2016 Defence White Paper.

The 2016 Defence White Paper outlines a fully-costed, affordable and achievable plan to ensure the safety and security of the Australian people, including plans to provide an additional $29.9 billion towards Defence spending over the next decade.

As part of discussions into these reports and projects, the 9th Annual SA Major Projects Conference 2016 will be taking place at the the Adelaide Convention Centre on the 10th & 11th of August for delegates to network and share ideas on the state’s latest infrastructure development projects.

The conference will include topics on Boosting Tourism Infrastructure for Kangaroo Island, the O-Bahn City Access Project, Adelaide Festival Plaza Redevelopment, the Adelaide Conventions Centre Redevelopment, as well as the Torrens Road to River Torrens Project.

The Darlington Upgrade Project is another significant South Australian project which aims to upgrade the North-South Corridor over the next decade, with the South Australian government committing $620 million towards the project.

The upgrade is expected to connect rapidly expanding industrial and residential growth areas in the north and south of the state, providing new opportunities for economic development.

The South Australian government has also released a public report into the viability of the state’s role in the nuclear cycle via the Nuclear Fuel Cycle Royal Commission, established by the government in March 2015.

Released in May 2016, the findings suggested 12 key recommendations including, the exploration, extraction and mining of uranium, the disposal of international used fuel and intermediate level waste, as well as the generation of electricity via nuclear fuel.

The two day conference is a networking and learning opportunity for project managers, operators, contractors, consultants and investors from within the infrastructure and construction industry, to capitalise on the infrastructure pipeline within South Australia

The 9th Annual SA Major Projects Conference 2016 is being held on the 10th & 11th of August at the Adelaide Convention Centre.

http://www.saconference.com.au/

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This release was published on openPR.