Meeting the Supply Needs of the Infrastructure Boom
As the resources boom of the past 15 years winds down, federal and state governments are turning their attention to infrastructure projects. The result is an infrastructure boom that looks set to continue well into the future. The significant investment in various infrastructure projects is a positive sign for a number of industries, particularly the construction industry.
Government commitment to infrastructure
The Australian Government has committed more than $50 billion towards current and future infrastructure projects. In NSW, the state government has allocated $68.6 billion to infrastructure over the next four years. The Victorian Government has earmarked $30 billion for various road, rail and school building projects.
Many industry experts agree that this infrastructure investment is long overdue. With rapid population growth in many major cities, existing infrastructure is out-of-date and unable to cope with the pressure.
The infrastructure boom covers a number of different areas including local roads, rail projects, bridges, black spot programs and highway upgrades. Transport links to connect people within cities, and rail links between major cities like Melbourne and Brisbane are a main focus for both federal and state governments.
There is also a need for upgrades to public hospitals, prisons, schools and social housing.
How will the infrastructure boom affect the construction industry?
Overall growth is predicted over the next few years as infrastructure projects take place all over the country, especially in NSW where Sydney struggles to keep up with the growing population and out-dated infrastructure leads to frustration for residents.
The Australian infrastructure boom is likely to bring many more jobs in the civil, industrial and construction sectors.
As well as helping to boost employment, there is a steady and increasing need for materials and construction supplies, which should bring benefits for a number of other industries, including building product manufacturers and suppliers. There is also likely to be a strong demand for industrial supplies along with engineering materials.
For many suppliers seeking to capitalise on the boom, finding reliable stock will become a priority as they strive to keep up with the demand.
Ready to support the boom
CCI Supplies is at the forefront of supplying a wide range of products for the construction, civil, industrial and mining sectors. We stock supplies to meet many project requirements, including:
- Civil supplies.
- Tapes and cable ties.
- Construction consumables.
- Site safety.
- Traffic safety and road products.
- Environmental and sediment control.
If you are looking to purchase multiple products to re-sell, it can be stressful having to go to different sources. At CCI Supplies, we can provide you with everything your end users need in one place, and we can also white label / custom brand products for added convenience.
All of our products are of the highest quality, and meet minimum AS/NZ standards of safety and quality.
The booming infrastructure in Australia is likely to have a positive impact into the foreseeable future, as governments take steps to boost economic growth, create more jobs and support population growth. This is excellent news for construction companies, building suppliers and contractors, and the economy as a whole.