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Adbri eyes $150 billion infrastructure boom

Simon Evans

The boss of Australia’s largest cement group says the $150 billion pipeline of infrastructure projects under way or on the drawing board will more than offset any slowdown in residential construction once the current “pull-forward” in demand levels out.

Adbri chief executive Nick Miller said the robust conditions in residential construction were likely to continue in the short term, although there are some worries on the horizon if international migration remains banned as authorities wrestle with the difficulties of the COVID-19 pandemic.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/infrastructure/adbri-eyes-150-billion-infrastructure-boom-20210427-p57mwm