Launch of IS national sustainability rating tool for infrastructure

Date: 29.02.2012

The Hon. Anthony Albanese, Minister for Infrastructure and Transport officially unveiled the new IS rating Tool at a launch function in Parliament House Canberra on 29 February 2012 and commented 'I congratulate the Australian Green Infrastructure Council on producing the first national scheme for rating infrastructure sustainability. I understand you represent more than 80 membership organisations and many of these have helped create the new tool.  The Federal Government believes it is so important that it has backed it with $500,000. It is a first for this country and has been developed with the support and cooperation of industry and government agencies right across Australia.'

In his welcoming address at the launch, David Singleton, Chairman of AGIC noted 'Our Federal and State governments and the financial sector invest many billions of dollars each year in our nation's infrastructure; infrastructure construction is estimated to be AUD $41.2 billion in 2012 or approximately 39% of Australia's AUD $104.7 billion construction market. The infrastructure construction market is expected to grow at around 8% p.a. With such large investments, we need to be certain that our infrastructure is sustainable long term. It is this NEED that led to the creation of AGIC in 2008, and now, has led to the creation of the Infrastructure Sustainability Rating Scheme.'

The IS rating Tool and its associated technical manuals is now positioned to transform the industry. Training programs on the tool in commence in April.
Further information regarding the launch is available on AGIC's website

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