Published Tuesday, 05 June, 2007 at 04:19 PM
Minister for State Development, Employment and Industrial Relations
The Honourable John Mickel
ECONOMIC DEVELOPMENT & RESEARCH PRIORITIES IN STATE BUDGET
The key priorities of business growth, investment attraction, science, technology and innovation are well supported in the State Development 2007-2008 budget Minister for State Development John Mickel said today.
“For example, honouring an election commitment by facilitating the States investments of $100 million over four years for the construction of the Smart Therapies Institute at the Princess Alexandra Hospital,” Mr Mickel said.
“And the Queensland Institute of Medical Research at Herston will receive $35 million over a similar period to facilitate research projects into vaccines, cancer, topical diseases and mental health through its proposed new Smart State Medical Research Centre.”
Mr Mickel said other highlights for the 2007-2008 budget included $10 million over two years for Griffith University to commence construction of the Queensland Smart Water Research Facility.
“The Queensland Smart Water Research facility, which will be located at the Gold Coast campus of Griffith University, will provide world class research laboratories and demonstration facilities to support practical solutions-based work into water science and management,” Mr Mickel said.
“I am also pleased to announce funding in 2007/2008 of $3.5 million for the Tropical Science and Innovation Precinct at James Cook University. This money comes out of our Innovation Building Fund and the total amount committed to the life of the project is $14 million.”
Other highlights for the department include a commitment of $290 million over four years to continue the design and construction of the Ecosciences Precinct at Boggo Road and the Health and Food Precinct at Coopers Plains.
“We are also providing a further $100 million in 2007-08 to the Smart State Innovation Funds from the Queensland Future Growth Fund to enable the backing of a broad range of future innovation activities.
“The Queensland Government places great value on our researchers and institutes and we put our money where our mouth is.
“The Queensland Brain Institute, funded through the Department from the Smart State Building Fund, will officially open in September,” Mr Mickel said.
Mr Mickel said the Institute for Molecular Bioscience will also receive $10 million in 2007-2008 and a further $50 million over five years from 2009-2010.
“This funding will allow the Institute to attract and retain internationally regarded scientists as well as plan for its future,” he said.
Media contact: Chris Brown 3224 7349 or Elouise Campion 3224 6784.
June 5, 2007
“For example, honouring an election commitment by facilitating the States investments of $100 million over four years for the construction of the Smart Therapies Institute at the Princess Alexandra Hospital,” Mr Mickel said.
“And the Queensland Institute of Medical Research at Herston will receive $35 million over a similar period to facilitate research projects into vaccines, cancer, topical diseases and mental health through its proposed new Smart State Medical Research Centre.”
Mr Mickel said other highlights for the 2007-2008 budget included $10 million over two years for Griffith University to commence construction of the Queensland Smart Water Research Facility.
“The Queensland Smart Water Research facility, which will be located at the Gold Coast campus of Griffith University, will provide world class research laboratories and demonstration facilities to support practical solutions-based work into water science and management,” Mr Mickel said.
“I am also pleased to announce funding in 2007/2008 of $3.5 million for the Tropical Science and Innovation Precinct at James Cook University. This money comes out of our Innovation Building Fund and the total amount committed to the life of the project is $14 million.”
Other highlights for the department include a commitment of $290 million over four years to continue the design and construction of the Ecosciences Precinct at Boggo Road and the Health and Food Precinct at Coopers Plains.
“We are also providing a further $100 million in 2007-08 to the Smart State Innovation Funds from the Queensland Future Growth Fund to enable the backing of a broad range of future innovation activities.
“The Queensland Government places great value on our researchers and institutes and we put our money where our mouth is.
“The Queensland Brain Institute, funded through the Department from the Smart State Building Fund, will officially open in September,” Mr Mickel said.
Mr Mickel said the Institute for Molecular Bioscience will also receive $10 million in 2007-2008 and a further $50 million over five years from 2009-2010.
“This funding will allow the Institute to attract and retain internationally regarded scientists as well as plan for its future,” he said.
Media contact: Chris Brown 3224 7349 or Elouise Campion 3224 6784.
June 5, 2007