Investment in infrastructure that turbocharges productivity will be accelerated by releasing capital from energy assets, according to the Property Council of
The NSW Government has today announced it will seek to bundle some of the State's residual energy assets into a long-term lease.
"New infrastructure projects to bust gridlock and boost productivity are essential as our cities continue to grow," NSW Executive Director
"Unlocking capital tied up in energy assets will accelerate the roll-out of new rail and road projects needed right across NSW, but in particular
"Delivery of a second harbour rail crossing is a game-changer for the city and will produce a more efficient and reliable service with greater capacity.
"The property industry invests in cities for the long-haul and understands their economic significance - plus the case for sustainable growth.
"It is time for a mature debate about how we pay for the projects that will help workers, families and businesses move around our cities.
"We need to continue to find capital to seed new projects and recycling capital across the State's balance sheet is a proven model that works.
"It is already helping with projects like WestConnex and renewal of the Newcastle CBD - and can be done on a larger scale with energy assets."
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