Queensland launches $100 million waste management program
The Queensland Government has launched its new $100 million waste management program, which it claims will revolutionise the state’s recycling, resource recovery and biofutures industries.
State Minister for Development, Manufacturing, Infrastructure and Planning Cameron Dick
Launched the Resource Recovery Industry Development Program earlier this week, and said that the recent State Budget had made the $100 million available over the coming three years to develop the state’s resource recovery and recycling industry.
“Our aim is to make Queensland a world leader in projects involving resource recovery, recycling and the re-manufacturing of materials to turn waste to energy,” Mr Dick said.
“Economically, we know such projects have the potential to generate new jobs for our communities and build confidence for business to invest in Queensland, and we know encouraging investment and innovation in the waste industry will also deliver long-term benefits environmentally.
Mr Dick said the program offers three streams capturing projects which vary in scale and the level of support they require.
Stream one is a rounds-based capital grants stream with dollar-for-dollar grants available up to $5 million to provide funding for infrastructure projects and capital investments in new processing and technological capabilities.
Stream two is a broad incentives stream to attract or expand major resource recovery operations to deliver significant landfill diversion and resource recovery outcomes.
Stream three involves funding towards capital-intensive, long lifecycle projects which require support for investigations to assist with final investment decisions for Queensland.
Mr Dick said the program will support a range of projects with significant employment and supply chain opportunities.
“These projects will also create new products from waste, growing industry and reducing the impact on our environment,” he said.
“This funding will be available to support local governments and existing businesses and will attract new major projects to Queensland.
“Applications are also welcome from consortia: businesses or local governments working together on plans to deliver integrated projects.”
Funding through streams two and three is now available through application. Expressions of interest for stream one will remain open until Friday, October 5.
It is anticipated that the first projects will be funded within the first half of 2019.
Information is available to interested parties can be found here