New TTT to deliver more PPPs for Queensland
The Treasurer said on Monday that the Queensland government will set up a new treasury trading team to attract private capital to help the government surrender the infrastructure pipeline.
As for the targeted government infrastructure for private investment, David Janetzki said to three potential targets – energy, housing and stadiums.
Janetzki announced the TTT during the Australia’s Economic Development Committee in Southern Brisbane, and the collected businessmen said that Queensland was “open for work ve and shifted to Victoria through its shifts.
Treasurer David Janetzki sells the first state budget to the business world for delivering it last week.Credit: Jamila Filippone
“In the age of challenging government debt and challenging balance sheets, it has never been so important to intentionally deploy different capital,” he said.
Janetzki said that TTT, which will start working on August 1, will discover different models to deliver commercially for investors while delivering it to the taxpayers ”.
Speaking to the media following the address, Janetzki said TTT will be responsible for capital attraction, transaction management and a “sending an open message to the market”.
When TTT was asked whether it will result in public-private partnerships (PPPs) in areas that are not traditionally open to PPPs, Janetzki said, uz We want to send an open message that we are open for business, ”Janetzki said.
“The open element here is whether we want to attract private capital to Queensland, whether renewable energy, housing and investments in the Gabba region”.
“This is something we look at.”
