Townsville City Council expects to spend close to $1 billion over the next decade replacing and upgrading road, stormwater, water supply and sewerage infrastructure approaching the end of its operational life.
Mayor Jenny Hill said the massive investment, on top of capital works programs for new infrastructure, would ensure the council could continue to deliver vital services to the ever-growing city as well as enhance the region’s liveability.
“Council has endorsed new ISO55000-aligned strategic asset management initiatives to manage the infrastructure assets by balancing risk, cost and performance in service delivery to the community,” she said.
“Over the past two years, council officers have developed a comprehensive plan to monitor the performance and replace and upgrade infrastructure assets across the city that are approaching the end of their operational life.
“The implementation of this plan will see close to $1 billion dollars invested in replacing and upgrading this infrastructure assets across the city in the next decade.”
Deputy Mayor and Infrastructure Services Committee chairperson Mark Molachino said the recent upgrade of utilities in the central business district demonstrated council’s commitment to proper asset management.
“The infrastructure assets in the CBD were at the end of their operational life and council took action to replace them, investing $50 million,” Cr Molachino said.
“We’re now looking to the suburbs. As Townsville has grown and new suburbs have been established, water supply and sewerage collection infrastructure has been installed.
“Now it is time for council to go back and replace or upgrade this infrastructure assets.
“Importantly, this work will provide stimulus for the local economy. It means local jobs and opportunities for local businesses to supply material and equipment to council.”