$15M FOR LIFT-OFF: Cash pledge for rocket launch site
HUNDREDS of jobs would be created through a plan announced by the LNP today, as the party made a $15 million election commitment to build a rocket launch site near Abbot Point.
LNP Leader Deb Frecklington said the $15 million investment to construct a government-owned orbital rocket launch site would provide 300 jobs - 100 jobs in construction and 200 secure jobs when anchor tenant Gilmour Space Technologies operates monthly launches.
Each additional tenant at the site is estimated to provide a further 100 jobs.
The rocket launch site will be used by companies to send satellites and other cargo into orbit.
Ms Frecklington, Dawson MP George Christensen, Burdekin MP Dale Last and Gilmour Space Technologies co-founder and CEO Adam Gilmour visited Abbot Point today for the announcement.
Mr Last said building the rocket launch site would add another string to Bowen's bow.
"Monthly launches will put Bowen and Queensland more broadly on the map," Mr Last said.
Mr Christensen said the project would help transform Bowen from the mango capital to the space capital.
"This is going to mean local kids are going to have a pathway here in Bowen," he said.
Ms Frecklington said the opportunity would help make Queensland a smart state again through space.
"Unleashing the space industry in Queensland is part of the LNP's economic plan to create jobs and build new assets," she said.
"High-tech and highly paid secure jobs are what this project is all about.
"The rocket launch site will be an asset 100 per cent owned by the Queensland Government and open up new opportunities for our state."
Ms Frecklington said the site would create new markets for Queensland in industries like advanced manufacturing, aerospace, defence, mining, technology and tourism.
The project could get under way shortly after the election, if LNP was successful, she said.
"Globally, space is a multi-trillion-dollar industry," she said.
"Queensland's space economy has the potential to pour up to $6 billion into the state economy and support up to 6000 high-skilled jobs by 2036.
"Becoming a space state will help make Queensland the economic powerhouse of Australia once again."
Mr Last said the investment would help make North Queensland the space capital of Australia and drive new economic opportunities.
"If a launch facility isn't built here, space business will be lost to other states or overseas," he said.