Land purchased for industry growth

THE State Government is planning ahead for Queensland's strong economic growth by purchasing land to meet future industrial and resource industry demands.

The 2012-13 State Budget includes $30.5 million dollars to secure land and land corridors near Gladstone and Townsville.

About $19.5 million will be spent to secure land for the Callide to Gladstone LNG Corridor and the Stanwell to Gladstone Infrastructure Corridor.

A further $4.5 million will be provided for these corridors over the forward estimates.

The land and easements will facilitate the gas transmission pipeline corridor for LNG proponents from the Callide Range through the Gladstone State Development Area (GSDA) to Curtis Island.

More than $10 million has been approved over the next three years to acquire land for future industry development in the GSDA (Targinie), and $7.3 million will be spent in the current financial year.

The Government has allocated increased funding of $6 million in 2012-13 to finalise compensation payments for land acquisition in the Townsville State Development Area.

This initiative will secure the rail portion of the proposed Townsville Eastern Port Corridor Access Corridor - a strategic transport alignment that needs to be preserved for key infrastructure that will be critical in the future to respond to growth in the north-west and north east mineral provinces.

Deputy Premier and Minister for State Development, Infrastructure and Planning Jeff Seeney said the land purchases were all about providing for Queensland's future growth.

"Our resource industries will continue to power the state economy and we are ensuring that those resources can be easily moved to our port cities and exported efficiently," Mr Seeney said.

"The Newman Government is positioning our state for significant growth. We promised to get the state back on track and we are taking action now to ensure that happens.

"The LNG developments in Gladstone are worth billions of dollars to our economy and corridors from the gasfields to the coast at Gladstone need to get underway to meet the industry's development schedules for first exports in the next few years.

"Equally, we need to be ready for the growth in Northern Queensland's mineral provinces and the needs to expand capacity at Townsville for export of their products."