Planned and Committed Infrastructure Projects | Gladstone

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gas Pipes Required

Pipe Liners are lining up for a hectic period over the next few years as they put in the infrastructure to service Queensland’s LNG industry, currently being built on Curtis Island in Gladstone Harbour and to boos supplies for domestic customers in eastern Australia. Those supplies will service residential and commercial as well as power generators. To fuel Curtis Island’s four LNG Plants five major pipelines will be built to Gladstone to service BG Group, Santos, Origin and future Arrow Energy’s development (the Origin, ConocoPhillips, Sinopec joint venture; the Santos, Petronas, Total and Kogas joint venture; QGC {part of the BG Group} etc)

The longest pipeline will be 600km in length with the others ranging from 400 to 500km in length being a lot of pipe that is over a metre in diameter. Gladstone port is currently undergoing expansion to double production and shipping of the LNG to countries such as China, India, Japan and Germany etc

While Queensland’s coals seam gas producer’s focus on the highly profitable export market, New South Whales is becoming an obvious local major gas market on top of the local Queensland market

What was once a pipe dream is now a reality with an ever growing network of transmission pipeline systems connecting much of Australia thus supplying gas to each State covering most of Australia

Queensland Resources Council chief executive, Michael Roche referring to the council’s latest Growth Outlook Study, estimates that Queensland’s resource sector will have to source some 40,000 extra workers by 2020

A by product of the resources boom includes training organisations, universities, TAFE’s, recruitment groups, schools, hospitals, rail, air travel, hotels, motels, large earth moving equipment suppliers, retail and the list goes on to include all services industries such as accountants, financial planners, finance brokers, insurance brokers, medical people, teachers, lecturers, real estate agents, solicitors, banking, IT services etc

The Fly-in-Fly-Out industry alone provides a hefty income to allied industries related to getting them to work, getting them home, and providing entertainment and relaxation whilst between shifts

Miners and mine employees are providing a boost to local economies spending millions of dollars a month on consumables, entertainment, travel, cars, boating etc. A self-sustaining economy in its own right. On returning to their own cities this spend continues boosting their own city’s local economy bearing in mind that an average wage far exceeds major city average wages earning the most of any industry in Australia

At least 20% of employees on a project require housing to be provided by their employer, the rest fend for themselves in finding somewhere to live or rent. This exacerbates the dire shortage of suitable accommodation leaving motels, hotels, camp sites and housing full to capacity

Rental yields average at 7 – 8% for unfurnished accommodation and 11 – 12% on furnished accommodation and housing in cities such as Gladstone and Mackay

Prior to new homes being completed, rental managers are approaching investors to pre-secure that home for tenants in waiting. Rental managers are approached by industry with requests for x amount of homes based on impending arrival of employers. It is a well oiled machine but in an environment of low supply versus an exceptionally high demand

There is a significant impact on the housing shortage and the consequent recent spikes in the Gladstone and Mackay rental markets resulting in affordable housing initiatives for those not directly involved in the mining industry earning lower than mining incomes and being forced out of their own housing market by the rising resources boom

 

$100 Billion Dollars plus

With over $100 Billion Dollars of investment currently under way and committed to Gladstone is an economic powerhouse that is alive with activity and resulting in a spinoff of a multitude of  ‘sub-industries / supportive industries’ such as

  • Building the above Gas Supply pipe lines from mining towns to the Port
  • Building the gas plant to freeze the gas to then load onto the ships
  • Rail link infrastructure upgrades to move goods and coal
  • Doubling the size of the port to cater for high demand and improve supply to be shipped
  • Drilling of wells to extract gas
  • Building of mines
  • Building mining camps

 

Now add further investment into providing :

  • Building mining homes, offices, food mess, roads, infrastructure
  • Improving road network for miners to travel to work and home
  • Hospitals
  • Schools
  • Universities
  • TAFES
  • Sports Fields
  • Hotels
  • Motels
  • Housing
  • Apartments
  • Real Estate Agents
  • Accountants
  • Financial Planners
  • Other supporting service industries
  • Builders
  • Developers
  • Repair men
  • Garden Services
  • Doctors
  • Dentists
  • Teachers
  • Retail Shops and malls
  • Petrol Stations
  • Car sales
  • Truck Sales
  • Mining Equipment Sales
  • Mechanics
  • Engineers
  • Fitters
  • Professionals
  • The list of ancillary services goes on and on to meet the various existing and new services and products required

 

This is only part of the massive picture in Gladstone, now duplicate this for the $100 Billion Dollars of investment into the Mackay / Isaac Region where coal is being mined and apply the same needs and requirements into the Mackay area … and that is why Mackay is also an investment opportunity for you

Click here to read on Why Invest in Mackay

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