Queensland boosts infrastructure spend, turns green

The Australian state has kick-started long stuck infrastructure projects and plans a stream of green bonds to stimulate growth in the post-mining boom economy. But it remains challenging to lure risk-averse private investors into projects.

Queensland boosts infrastructure spend, turns green
Queensland is busy trying to cut its reliance on the boom-and-bust coal mining industry by developing a renewable energy industry and upgrading its infrastructure to cater to a growing number of tourists.
“We are more than a rocks and crops economy,” the Treasurer of Queensland, Curtis Pitt said last month in Hong Kong, as he courted an audience of potential investors with his vision for a more service-driven economy.

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: australia | infrastructure | queensland | green bonds | mtr | bonds

Print Edition

FinanceAsia Print Edition