Manufacturing News

Infrastructure WA to grow WA economy

A blueprint for the establishment of Infrastructure WA (IWA) was released earlier this month, which the WA government describes as a new approach to long-term infrastructure planning in Western Australia to create jobs.

Focused on ensuring investment is made in the right projects, at the right time, and generating a pipeline of jobs in WA, Premier Mark McGowan invited industry groups and the public to provide feedback on the proposed model.

McGowan said, “My Government’s commitment to Western Australians is to create a strong, diverse and resilient economy and a pipeline for secure, long-term jobs.

“Investment in infrastructure is critical in growing the economy, generating jobs and supporting sustainable and vibrant communities.”

IWA will be an independent board tasked with providing government expert advice on the State’s infrastructure needs and priorities, maximising the value to Western Australia from every dollar spent on major proposals developed by government agencies.

Infrastructure WA’s other main roles will include:

  • Developing a 20-year strategy for infrastructure and industry investment;
  • Applying more rigour and transparency in evaluating infrastructure plans, business cases and decision-making;
  • Providing advice on alternative funding and financing options; and
  • Improving collaboration with government, community and industry on infrastructure planning and delivery.

The model, which recommends that IWA be enshrined in legislation to provide certainty and help foster a bipartisan approach, proposes the board is made up of government and non-government representatives reporting directly to the Premier.

Leave a Reply

Send this to a friend