Transport infrastructure investment to normalise

A sharp rise in civil and transport infrastructure investment over the last decade is now forecast to return to normal, more sustainable levels, Civil Contractors Federation Victoria's Transport Infrastructure outlook paper shows.

- Lisa Kinross

A sharp rise in infrastructure investment over the last decade is now forecast to return to normal, more sustainable levels of activity in welcome news for Victoria's civil construction industry.

That's the central theme in a new civil sector research white paper, Civil Construction Outlook: Transport Infrastructure, released by Civil Contractors Federation Victoria.

Infrastructure is necessarily cyclical in nature, which is why it's always important to take a long-term view in our industry, given the long timeframes involved for civil construction projects.

The economic contribution our civil construction industry makes to Victoria's economy, through transport and utilities infrastructure delivery, cannot be overstated.

Our industry members deliver the critical enabling civil infrastructure that makes transport and transit, housing and the renewable energy transition possible. Civil infrastructure is literally the foundations of our cities, towns, suburbs and communities.