Gladstone to receive $12.5 million from Royalties for the Regions

Gladstone Regional Council will receive $12.5 million from the Royalties for the Regions program to upgrade the Kin Kora roundabout.

The Deputy Premier and Minister for State Development, Infrastructure and Planning, Jeff Seeney, said the funding would go towards upgrading the roundabout to a four-way signalled traffic intersection.

“Gladstone has experienced significant growth as a result of new residents servicing the resources sector, which has caused traffic congestion to worsen,” Seeney said.

“This project will address traffic congestion and improve safety at the junction of Philip Street and the Dawson Highway.

“The entire project will cost around $25.4 million, and Royalties for the Regions will inject $12.5 million.”

Seeney has championed the Royalties for the Regions program designed to give communities a fair share of royalties from resources for the first time. It is used to improve local amenities and services.

“I am proud of the program, as well as the Newman Government, for helping local governments and regional communities manage the impacts of rapid growth in the resource sector,” he said.

Gladstone Council will submit a business case for the project to have the funding confirmed by the end of the year.

Royalties for the Regions will spend $495 million over the next four years on community infrastructure, roads and flood works.