Construction of Rookwood Weir remains a priority for both the Federal and State Governments
Posted on July 17th, 2018
Friday July 13th delivered GREAT news to the local region with both the Federal and State Governments reaffirming their commitment to construct Rookwood Weir to benefit not only local communities, but importantly provide essential irrigable water to develop a “food bowl” in the lower Fitzroy region.
Construction of Rookwood Weir remains a priority for both the Federal and State Governments despite Infrastructure Australia’s decision not to elevate the Project to its “Priority List”.
Infrastructure Australia confirmed on July 13th that its evaluation on the Lower Fitzroy River Infrastructure Project, which includes Rookwood Weir, had been concluded resulting in its statement that “The Lower Fitzroy River Infrastructure Project has not been added to the Infrastructure Priority List at this time as the business case shows that the project’s costs are likely to exceed its benefits, with a stated Benefit-Cost Ratio of 0.6.”
Infrastructure Australia Chief Executive Philip Davies stated, “Infrastructure Australia has reached the conclusion that while the project may be required in the longer term, insufficient evidence has been presented to show that this solution is required now.”
The Region now looks forward to the Rookwood Weir Project commencing, initially providing immediate term construction jobs and longer term expansion of regional agribusiness.
Media Release Michael McCormick – Feds committed to Rookwood Weir – A critical part of our Northern Australia Vision