The state government of Queensland, Australia, said it plans to invest $13.5 million (A$20 million) in Gold Coast waterways in the next year. Mark Bailey, the Minister for Transport and Main Roads, said part of the money would be used to dredge the Coomera River so superyachts could transit to the Gold Coast Marine Industry precinct.
“The Palaszczuk government’s $20 million investment in the Gold Coast Waterways will drive jobs and add to the more than 207,000 jobs created under our government since 2015,” Bailey told DredgingToday.com.
The funding will involve dredging the Canaipa Passage, Labrador Channel and Coomera River.
Gold Coast Waterways Authority CEO Hal Morris told the website that his organization was adding to the value of the local waters through its dredging program. “People live around, work and play on our waterways, which is why we invest time and money in keeping them safe and navigable,” Morris said.