The billion-dollar Rockhampton Ring Road is certain to go ahead with a $200 million commitment by the Queensland Government and a federal funding guarantee.
Premier Annastacia Palaszczuk welcomed the $800 million investment announced by federal Labor leader Bill Shorten, to be complemented by the state’s 20 per cent share.
"The Rockhampton Ring Road with the 780 jobs the project could support has been high on my Government’s priority list," Ms Palaszczuk said.
"It will boost economic activity in the region, improve flood immunity and build an efficient and safe bypass around the city for heavy vehicles and through traffic.
"I thank Mr Shorten for this important announcement for the people of central Queensland, and I am delighted to confirm my Government’s share to give the project the green light.
"I also thank hard working Rockhampton MP Barry O’Rourke for his relentless advocacy."
Minister for Transport and Main Roads Mark Bailey said Mr Shorten has shown he understands Queensland by putting dollars on the table for this and other projects.
"As with all major projects, we want a fair deal for infrastructure in Queensland and will work with whoever has the top job in Canberra to make that happen," Mr Bailey said.
"The Bruce Highway provides the economic lifeblood for regional communities and the Rockhampton Ring Road is guaranteed no matter who wins the federal election."
Mr O’Rourke said the region would benefit greatly from the Rockhampton Ring Road with planning work already underway.
"I thank the Premier for confirming the state’s investment and congratulate Mr Shorten for his commitment to this vital project," Mr O’Rourke said.
RACQ Head of Public Policy Rebecca Michael welcomed the funding announcements.
"The Rockhampton Ring Road will improve freight efficiency and safety as well as reduce congestion through Rockhampton City," she said.
