The Capital Metro project will support more than 3,500 jobs during construction and many more into the future according to a report by global firm EY released today.
Minister for the Environment and Sustainable Development, Simon Corbell, said the jobs created by the light rail project that links Gungahlin and the city will provide an immediate boost to the ACT as well as continuing to support the economy well into the future.
“We now have a good indication of the total number of jobs that will be supported by the Capital Metro light rail project and it is a big boost for the ACT,” Mr Corbell said.
“Light rail is well known for its ability to stimulate economies and support significant job numbers both during construction and operation.
“In a time when many jobs will be lost in the ACT, it is great to see the positive economic injection that Capital Metro will have to the ACT economy in the short and long term. This benefit coupled with the increased commercial activity that typically occurs around light rail mean that Capital Metro is poised to deliver a significant boost to the ACT economy.
“Predictably employment requirements for building the light rail are mostly made up of construction and engineering. Some of the highest demand will likely be bricklayers, carpenters, joiners and labourers. But it does not stop there as it is always the case that there will be flow on effects in to areas such as hospitality, retail and other services.”
The EY report shows that light rail along the city to Gungahlin corridor will support 50,000 jobs through to 2047.
“Light Rail will deliver so much more than a transport benefit for Canberra and this is why the ACT Government have been so intent on Canberra planning for the future and delivering city-changing infrastructure.”
The Capital Metro Agency will be engaging with local industry to help connect local talent with opportunities that the project provides.
“While there will always be an element of national or international expertise used, we are very interested in the elements of the project that can be delivered locally through a partnership with a lead contractor.”
(Simon Corbell Media Release)