20-year State Infrastructure Strategy
Major infrastructure in sectors such as transport, water,
electricity, health and telecommunications in NSW is essential to
the state's economic growth and people's quality of life.
Providing the best solutions relies on understanding current and
future challenges, being innovative and developing long-term
strategies that provide the most valuable public benefits.
Infrastructure NSW (INSW) is working with the NSW Government to
identify and prioritise critical public infrastructure for NSW. One
of INSW's core activities is developing a 20-year State
Infrastructure Strategy (SIS). It will be the first time that an
integrated and long-term view of infrastructure has been delivered
for NSW.
The final strategy, which will be released in the second half of
2012, will identify what infrastructure the state needs to achieve
economic growth and how to activate both public and private sector
resources to deliver it.
INSW will prioritise those sectors that drive productivity
growth and have the greatest impact on economic growth and,
ultimately, quality of life.
The strategy will go through a disciplined process that takes
into account:
- 20 year forecasts of the NSW economy.
- Predicted population growth and demand for infrastructure and
services.
- The current state of infrastructure in NSW.
- The State Government's long term objectives for sectors such as
transport, water, electricity and telecommunications.
- Options for demand management and other policy, pricing and
regulatory reforms.
- Investment policies and strategies to efficiently and
effectively address infrastructure needs.
- Identify funding options and financing models for combined
public and private sector investment.
Each year, INSW will publish a five-year State Infrastructure
Plan, which identifies priority infrastructure projects to be
delivered annually.
The outcome of INSW's work will be a clear pipeline of
integrated infrastructure projects and/or reforms. The strategy
will guide the right investment choices at the right time to drive
the continued economic growth of the economy.