INFRASTRUCTURE BODIES FOR JOBS AND GROWTH

Posted on 20. Nov, 2012 in News

Victoria will have a steady pipeline of infrastructure projects to promote economic growth and meet the needs of the state under two new bodies proposed by the Victorian Labor Opposition.

Opposition Leader Daniel Andrews said the proposed bodies – Infrastructure Victoria (IV) and Projects Victoria (PV) – will kickstart major projects after the Baillieu Government has turned off the infrastructure pipeline.

“Not only has Ted Baillieu hit the pause button on projects that were underway when he came to office, he appears paralysed in progressing his own capital works agenda,” Mr Andrews said.

“The failure of the Coalition to act over the last 24 months has put a brake on investment, construction, employment and confidence in Victoria.

“This is costing our state jobs now. And by turning off the investment tap, Mr Baillieu has created an infrastructure gap that will hurt Victoria’s ability to maintain our quality of life and productivity.”

Mr Andrews said the establishment of Infrastructure Victoria – a standing, independent expert body – would ensure a long-term approach to capital projects beyond election cycles to ensure that the state does not go backwards under listless Governments.

The body would be similar to those in other jurisdictions but unlike the New South Wales body, Infrastructure Victoria will release its advice publically.

“The decision on whether to proceed with a project will remain with the Government of the day, but IV will assist in identifying infrastructure needs, consult on proposals and consider funding and financing models.”

Mr Andrews said that as well Victoria Labor will establish Projects Victoria which will ensure that major projects stay on track. The new body will consolidate major projects delivery capacities from across the public sector.

A specialist project delivery body, Projects Victoria will directly manage those projects where the relevant department or agency does not have expertise and will provide oversight where the project is managed in-house.

Significantly Projects Victoria will also have step-in powers to intervene in the case where a department or agency has delivery difficulties. Further Projects Victoria will audit and where necessary up-skill the project delivery capacity across departments and agencies.

“Victorian’s not only expect a Government to invest and build transport projects, schools, and hospitals they expect projects to be effective and delivered on time and offer value for money,” Mr Andrews said.

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