Toowoomba firms Wagners, McNab ready to cash in on 2032 Olympic Games bid

The Olympic Games is looking likely to come to Brisbane, and that could mean a big payday for Toowoomba’s biggest companies.

Wagners CEO Cameron Coleman (left) and McNab Constructions managing director Michael McNab are excited to collect the infrastructure work that will come from a successful Olympic Games bid.

Toowoomba’s largest construction firms are gearing up to grab a slice of the billions of dollars in infrastructure work that would needed for the Brisbane Olympic Games.

Premier Annastacia Palaszczuk revealed this week the State Government’s facility upgrade plan ahead of a likely 2032 Olympic bid, headlined by a $1b redevelopment of the Gabba as the primary games stadium.

Sporting, community and transport facilities will also have to be upgraded as well to cater for thousands of athletes and potentially millions of spectators.

This is music to the ears of companies like Wagners and McNab Constructions, which have welcomed the announcement and hoped to be part of the action.

Premier Annastacia Palaszczuk looks at artist impressions before a press conference at the Gabba in Brisbane. The government announced a complete rebuild of the Gabba, being the proposed main stadium should Queensland host the 2032 Olympic and Paralympic Games. Picture: Dan Peled

Wagners CEO Cameron Coleman, whose construction materials company has already contributed to the Cross River Rail project, urged the State Government to employ local companies to complete the work.

“The opportunity that it presents is exciting, for all players in the construction materials sector,” he said.

“It presents opportunities for concrete, particularly our earth friendly concrete, as well as composites, precast concrete elements.

“It is hoped the State Government will ensure the local regional contractors get every opportunity to participate in an exciting project.”

Michael McNab said his construction firm was ideally placed to take part in the construction phase.

“We’re very excited by the prospect of Brisbane and Southeast Queensland hosting the Olympic Games in 2032,” he said.

“As one of the largest private construction companies in Queensland we have established offices in Brisbane, Toowoomba, the Gold Coast and the Sunshine Coast, so we’d be ideally placed to support the building projects created off the back of an event like this.”