Adani has today given the “green light” for work to start on the Carmichael coal mine and rail projects in Central Queensland.
Adani Chairman Gautam Adani announced the controversial news in a statement released today.
“I am proud to announce the project has Final Investment Decision approval which marks the official start of one of the largest single Infrastructure – and job creating – developments in Australia’s recent history,” Mr Adani said.
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“This is an historic day for Adani, an historic day for regional Queensland, and an historic day for Indian investment in Australia.
Mr Adani said the Carmichael projects will generate 10,000 direct and indirect jobs, with pre-construction works starting in the September Quarter 2017.
Despite being challenged by environmental activists, Adani says they remain committed to the project.
“We have been challenged by activists in the courts, in inner city streets, and even outside banks that have not even been approached to finance the project,” Mr Adani said.
“We are still facing activists. But we are committed to this project.”
“While some may be looking for ways to leave regional Queensland, we are looking to the future. We are looking to ensure regional Queensland remains a great place to live, work and to raise a family.”