Regional construction set for major boost from renewables investment
Australia’s regional construction sector is on the cusp of a significant boom, with new consultancy data revealing that projects in wind, solar, and transmission infrastructure will push regional construction activity up by $23 billion or 19 per cent between 2024/25 and 2026/27. This surge is well ahead of the $12 billion (7 per cent) increase forecast for capital cities over the same period.
Wind, solar, and transmission projects lead the way
The rapid expansion of renewable energy projects is at the heart of this regional surge. Major investments in wind farms, large-scale solar installations, and new transmission lines are transforming local economies, creating jobs, and supporting Australia’s transition to a low-carbon future. Regional communities are set to benefit from increased employment, improved infrastructure, and new business opportunities as these projects come online.
Regional growth outpaces capital cities
While capital cities will also see growth, the scale of the regional construction boom is unprecedented. The consultancy’s analysis highlights the shifting focus of Australia’s construction sector towards regional areas, driven by the national push for decarbonisation and the need for robust energy infrastructure to support future demand.
Economic and community benefits for the regions
The construction boom is expected to deliver wide-ranging benefits, from direct job creation in construction and related industries to long-term economic growth for local communities. Regional businesses, suppliers, and service providers are poised to capitalise on the increased activity, while new infrastructure will enhance connectivity and energy security.
Renewables to shape Australia’s construction landscape
As the renewables sector continues to expand, regional Australia is set to play a central role in the nation’s energy and construction future. The $23 billion investment underscores the importance of supporting regional development and ensuring that local communities are equipped to make the most of the opportunities ahead.
