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The Australian infrastructure and construction market is a significant economic driver, valued at over AUD 200 billion in 2022. It employs over 1.1 million people and contributes approximately 7% to the country's GDP. The industry encompasses a wide range of activities, including transportation infrastructure, energy infrastructure, water infrastructure, social infrastructure, and commercial infrastructure.
The Australian government is a major procurer of infrastructure and construction products and services, spending an estimated AUD 110 billion annually. The government's investment priorities focus on addressing infrastructure deficits, enhancing productivity and economic growth, and improving livability and sustainability.
The main infrastructure and construction products and services procured by the Australian government include construction materials, construction equipment, professional services, and specialized services.
Several government agencies oversee infrastructure and construction procurement in Australia, including Infrastructure Australia, Department of Infrastructure, Transport, Regional Development, Communications and the Arts (DITRDCA), National Infrastructure and Investment Committee (NIIC), Infrastructure Partnerships Australia (IPA), and Infrastructure Australia Council (IAC).
Numerous companies compete for infrastructure and construction procurement contracts in Australia. Major winners in recent years include Lendlease, CIMIC Group, Laing O'Rourke, John Holland, Bouygues Construction, Acciona, Hochtief, Samsung C&T, China State Construction Engineering Corporation, and Bechtel.
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