Improved access to green space in a redeveloped Victoria Park is a condition of the Brisbane 2032 Olympic and Paralympic Games funding agreement, signed this week.
Queensland Deputy Premier Jarrod Bleijie said the signing of the new Intergovernmental Agreement (IGA) formalised the State Government’s partnership with the Australian Government to deliver generational Games infrastructure.
Deputy Premier Bleijie said the Federal Government had allocated a capped contribution of $3.435 billion to the $7.1 billion Games Venue Infrastructure Program, which would see 17 new or upgraded venues delivered across Queensland.
He said this included the main 63,000 seat stadium at Victoria Park and the National Aquatic Centre.
Federal Infrastructure, Transport, Regional Development and Local Government Minister Catherine King said the new agreement outlined the conditions under which the Commonwealth’s contribution could be spent by the Queensland Government.
Minister King said the agreement required:
- The Queensland Government manage projects with a view to maintain stakeholder and community support.
- A comprehensive stakeholder engagement plan is developed and delivered for the Victoria Park Precinct with a new Precinct Plan, focused on improving access to green space.
- Commonwealth representatives be included on the Brisbane 2032 Organising Committee Board.
“The Australian Government will work with the Queensland Government to deliver projects on time and on budget.”
Deputy Premier Bleijie said the formalisation of the partnership came just weeks after the Games Independent Infrastructure Coordination Authority (GIICA) launched an Expression of Interest (EOI) for a Delivery Partner to support GIICA in the delivery of 2032 Games Venue Infrastructure Program.
He said the procurement of a delivery partner was a critical step in delivering venues and getting shovels in the ground on our Games infrastructure program.
“Registrations of Interest also opened on August 1 for organisations in the design and consultation sector to work with GIICA on the delivery of the 17 new and upgrades venues.”
Minister King said the IGS was reached following project validation work, which determined the Australian Government’s final investment, assessing that the projects could be delivered on time and on budget, represented a good use of taxpayer dollars, and would benefit Queensland for decades to come.
“The venue contribution builds on the Commonwealth’s $12.4 billion investment in transport projects in the state that will keep people moving during the Games, as well as for decades after,” she said.
“This includes critical upgrades to the Bruce Highway from Brisbane to the Sunshine Coast, faster rail from Brisbane to the Gold Coast, and Stage 1 of Direct Sunshine Coast Rail providing a link between Beerwah and Caloundra.”
Deputy Premier Bleijie said the State Government’s investment was part of a $116.8 billion capital infrastructure pipeline over the next four years supporting critical local infrastructure upgrades across the State.
“A key part of that investment is critical $9 billion Bruce Highway upgrades under a restored 80:20 funding deal secured with the Commonwealth Government earlier this year.”
