Home' Future Building Australian Infrastructure Review : December 2010 Contents COMPANY FOCUS
A COMMENT ON
FROM PAT DOYLE
As a leading Australian construction and
contract mining company, Macmahon has
played a major role in delivering many
large multi-discipline construction projects
including, road, rail, marine, resource and
water infrastructure for government and
private sector clients.
Macmahon's Executive General Manager
-- Construction, Pat Doyle said the outlook
for the civil construction industry was
appearing considerably brighter than it has
been for some time.
"After a difficult 24 months, including
the Global Financial Crisis, impacts of a
proposed Mineral Resources Rent Tax and
the ambiguity surrounding the outcome
of the Federal election, there is now an
enormous amount of work emerging as
either committed or to be committed in the
near future," Mr Doyle said.
Mr Doyle said some indicative figures
had future industry prospects in the vicinity
of $220bn in WA, QLD - $140bn, NSW -
$75bn, VIC - $58bn, NT - $44bn, and SA
Asia continues to drive the global
recovery with exceptionally strong growth
in China and India in particular, and the
rebound in commodity prices and strong
level of demand remain factors in the
recovery of the economy. Another driver of
higher investment has been infrastructure.
Total investment in infrastructure related
industries (electricity, gas, water, transport
and telecommunications) has continued to
rise over the past five years.
"Macmahon has been able to capitalise
on this investment and I am extremely
pleased in our ability to win and execute key
water infrastructure construction projects
across Australia. The business successfully
completed the Logan River Early Works
Project in Queensland and the Stirling
Dam Upgrade in Western Australia during
the past year and on top of this we are
currently undertaking four government water
infrastructure projects across the east-coast
of Australia," Mr Doyle said.
With population growth expected to
be a key challenge for Australia, Mr Doyle
said it was anticipated that government
expenditure would be directed at
infrastructure projects in order to meet the
requirements of a growing population. He
said forecasts indicated that more than $700
billion of funding would need to be spent in
order to upgrade and develop new public
infrastructure to meet these future needs.
"Macmahon is currently working
on several construction projects in the
disciplines of road and rail in order to help
meet this demand. Recent contracts won
include the $100 million Ulan Line Alliance,
$54 million Glenugie Bypass and the $80
million Glenfield Alliance, all located in
New South Wales.
"In Western Australia, Macmahon has
just picked up contracts for the $86 million
Karara Rail and the $74 million Great Eastern
Highway and Roe Highway Interchange.
These projects provide a further opportunity
for our business to demonstrate its strength
and expertise in delivering road and rail
Mr Doyle said the overall outlook across
Macmahon's operating sectors was positive.
"The infrastructure required is aligned
with our core capabilities and extends into
the areas where we wish to operate in order
to grow our business. With the continued
hard work and diligence of our employees,
Macmahon is well placed to maximise the
outcomes of these significant opportunities.
General Manager -- Construction,
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