Momentum flows for Urannah Dam as milestone reached
URANNAH Dam has reached a major milestone, with 70 people now working on the water scheme.
Speaking ahead of his appearance at the House of Representatives Standing Committee on Agriculture and Water Resources in Townsville this week, Urannah Water Scheme managing director John Cotter called on the private sector to diversify water projects.
He said these projects should not just deliver water security, but invest in agriculture and energy to drive economic benefits in the regions.
The committee held a public hearing as part of its inquiry into growing Australian agriculture to $100 billion by 2030.
"We know that dams assessed based on short term impact only just don't stack up," Mr Cotter said.
"It is only when they are assessed as 100-year assets that their longer term benefits are realised.
"In order to reach $100 billion by 2030, we need water security and that means more dams and the infrastructure that goes with them."
In November, the Federal Government signed off on a $10 million election commitment through National Water Infrastructure Development Funds to make Urannah Dam shovel ready.
The proposed $673 million project would dam the Broken River in the upper Broken River Valley southeast of Collinsville.
Bowen Collinsville Enterprise believes it has the potential to unlock water security for 15 active mining projects, 21 new projects and deliver $558 million in economic benefits.
Mr Cotter said the project was a case study of how all the elements, including early funding from the Federal Government, can stimulate the private sector.
"Our project recently reached an important milestone with 70 people now working in our broader project team to deliver the Urannah Dam, Collinsville Irrigation and the Bowen Renewable Energy Hub projects," he said.
Pre-construction work on the project has been fast-tracked to 2022.