The funds will allow for upgrades to nine venues and the construction of five new facilities, including a 17,000-seat Brisbane Arena at Roma Street.
The federal and Queensland governments agreed on a funding deal to build venues for the Brisbane Olympics.More than 80 per cent of the infrastructure already exists, said Premier Palaszczuk.
The two projects will make up the bulk of the spending, while nearly $2 billion has been earmarked to upgrade existing venues and build smaller facilities.Prime Minister Anthony Albanese and Premier Annastacia Palaszczuk signed the agreement in Brisbane on Friday."This will consolidate this great city as a global city, as a global powerhouse."
"This is about setting Queensland up not just for the next 10 years but the 10 years thereafter," Ms Palaszczuk said.READ MORE"This is happening with projects all around the world," she said.
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