THE Queensland Government’s approval of mining leases for Adani’s Carmichael coal and rail project signals a big thumbs up for economic growth and job creation at a time when resources investment into Australia has tapered off considerably, says national resource industry employer group AREEA.
“The latest Carmichael project approvals could not come soon enough for Queensland. We must grasp this opportunity with both hands and support the development of this significant project,” says AREEA executive director of policy and public affairs, Scott Barklamb.
“In recent years Queensland has seen more than $80 billion in prospective resources projects, and thousands of related job opportunities, fail to proceed. In giving its tick of approval, the state government has recognised the importance of projects of this magnitude going ahead.
“Adani’s Carmichael mine and rail project will deliver much-needed economic and employment benefits for Queensland.
“A potential 5,000 new jobs during construction will be welcomed by resources employees moving on from major LNG and other mining projects recently completed in Queensland.
“A further 4,500 people employed during peak operation of the Carmichael mine will see Queensland families and regional communities benefit from this project for decades.
“This multi-billion dollar project will also deliver critical infrastructure in the Galilee Basin, bolster local business opportunities, and generate millions of dollars in taxes and royalties to help fund important public services.”
Mr Barklamb adds that this major final approval should also mark the end of efforts from environmental activists to block the project and damage Queensland’s reputation as a reliable investment destination.
“Subject to more than 200 environmental conditions, the Carmichael mine and rail project will be one of the most heavily regulated developments in Australia’s history,” Mr Barklamb says.
“The Queensland and federal governments have examined both environmental and economic considerations at length and reached a clear decision that this project will benefit our country.
“This significant project should now be given full support for what it represents – a welcome boost for Queensland’s economy and jobs.”
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