Lower Fitzroy River Infrastructure Project
Building Queensland is leading the development of a Business Case for the Lower Fitzroy River Infrastructure Project in partnership with the joint proponents, SunWater and the Gladstone Area Water Board.
The Business Case will receive funding from the Australian Government National Water Infrastructure Development Fund. The Australian Government has also made an election commitment to provide conditional capital funding of $130 million for the project, subject to the outcomes of the Business Case, the project receiving required environmental approvals and other matters.
The components of the Lower Fitzroy River Infrastructure Project comprise construction and operation of weir infrastructure, upgrades to and construction of roads and bridges and associated infrastructure. The proposed weir infrastructure will operate in concert with the existing Fitzroy Barrage located in Rockhampton.
The project has the potential to provide water for urban, industrial and agricultural uses and is expected to be staged, with sequencing and timing dependent on a number of demand triggers, including existing and new consumers, drought conditions and security of supply requirements. Development of the project is currently limited to the 76,000 ML reserve for strategic water infrastructure on the Fitzroy River under the Water Resource (Fitzroy Basin) Plan 2011.
The proponents have undertaken significant work on the development of the project, including the preparation of an Environmental Impact Statement (EIS) under the State Development and Public Works Organisation Act 1971.
The Business Case will build on the work previously performed by the proponents and provide a detailed analysis of various aspects of the project to inform a decision on the future of the project. The detailed Business Case analysis will concentrate on the Rookwood Weir component and include consideration of a variety of matters, including water demand, water pricing, funding and financing models, delivery and operating models, and costs, risks and benefits associated with the proposed infrastructure.
The Business Case is anticipated to be completed for consideration by the boards of SunWater and the Gladstone Area Water Board and subsequently government in Quarter 3 2017.