Gladstone's next major project five years away

GLADSTONE is "in for a pause", according to Gladstone Industry Leadership Group chief executive Kurt Heidecker.

Despite several projects looking to start up, he told the audience at the Gladstone Engineering Alliance Major Industry Conference on Thursday he believed the next major project was still five years away.

He also suggested major agricultural projects could make a comeback, and said the current state of play was just an averaging out from a "sugar high" rather than a "bust" period.


>> Crunch time for $5 billion steel project

>> Council pushes for full postal voting at next election

>> Hungry thief leaves note apologising for break-in

"It's healthy for our community to step back," he said.

"The current pace and pressure on the community couldn't be taken for much longer."

Mr Heidecker said while some areas would see minor capital works taking place, it would take two years for the economy to turn around.

"I was told one in three (new projects) would get up."

Mr Heidecker said he wasn't sure what the probabilities of success were.

"It could be another LNG train, but the re-establishment costs to build a new train is several billion dollars, so if they don't roll through and build another one soon then it will be some time away," he said.

"We have the expertise, the space, facilities, services. It's a conducive environment for it."


Parents may be banned from taking photos at school events

P-Plater caught doing 186kmh on Pacific Hwy

Sneaky speed fine 'loophole' no longer works

Has Kim Jong-un killed another six North Korean officials?

Korean KFC takes Double Down one step further

VIDEO: Fox News says young women enjoy Tinder, not politics

Topics:  gladstone engineering alliance gladstone industry gladstone industry leadership group

Bank reclaims Goondoon St complex plan, places on the market

Multi-million dollar development plan up for sale.

MULTI-MILLION dollar plan for Goondoon St complex on the market.

Dreamworld shock: Son and daughter saw parents die

 New Zealand expat Cindy Low, 42, (back right) has been named as the fourth victim who died in the accident at Dreamworld yesterday. An investigation is underway to determine how four people died on the 30-year-old Thunder River Rapids ride at the Gold Coast theme park.

It is understood Kieran was the last person to see his mum alive.

Gladstone drink drivers named and shamed

OUT IN FORCE: Police are ramping up their presence this Christmas.

It has been months since Gladstone has seen numbers this high.

Local Partners

The Bachelor contestants find love with each other

Former Bachelor contestants Megan Marx and Tiffany Scanlon have confirmed their relationship on social media.

MEGAN Marx and Tiffany Scanlon confirm relationship on Instagram.

Liam Payne wants to wed Cheryl Fernandez-Versini

Cheryl Fernandez-Versini and Liam Payne

Liam Payne reportedly wants to marry Cheryl Fernandez-Versini

Bindi Irwin 'honoured' to make MAXIM HOT 100 list

Wildlife Warrior named among Australia's most beautiful women

Len Wiseman files for divorce from Kate Beckinsale

Kate Beckinsale

Len Wiseman has filed for divorce from Kate Beckinsale

First look at Gilmore Girls: A Year in the Life series

Lauren Graham and Alexis Bledel in a scene from the TV series Gilmore Girls: A Year in the Life.

NETFLIX drops first trailer for its revival of fan favourite.

Bank reclaims Goondoon St complex plan, places on the market

Multi-million dollar development plan up for sale.

MULTI-MILLION dollar plan for Goondoon St complex on the market.

Tough times in CBD: Woolies says goodbye Ipswich

Woolworths in the Ipswich Mall.Photo: Rob Williams / The Queensland Times

The last day of trading will be January 1

Coles to pay new owner of Tannum servo $320K

UP FOR GRABS: Expressions of interest in Tannum's new service station, which will house the new Coles Express, closed this month.

INVESTORS bid for new Tannum service station under construction.

Look at me! Kath and Kim home up for sale

Kath and Kim from the iconic Aussie TV series.

'Crack open the Baileys and grab a box of BBQ Shapes'

How to fit 100,000 new homes on the Coast

Property, real estate, housing, suburb,  August 2016

Fitting 2m extra people in south-east Qld in 25 years a balance

Hinterland horse stud passed in for $8.25 million

UNREAL: This Maleny estate is incredible.

12-bedroom hinterland horse stud still available