NEW South Wales Premier Barry O'Farrell and Deputy Premier Andrew Stoner this week announced the appointment of former NSW Premier Nick Greiner as the Chairman of Infrastructure NSW.
The Coalition made a commitment during its election campaign to establishing Infrastructure NSW in order to respond to infrastructure challenges facing the State.
Mr O'Farrell said Mr Greiner was the ideal person to get on with the job of identifying NSW's infrastructure needs, saying he "brings a can do approach to Infrastructure NSW."
"As Chairman of Infrastructure NSW, Mr Greiner will be responsible for identifying and prioritising the infrastructure projects that will help grow the NSW economy and improve the lives of people living in this State."
"Mr Greiner will play a key role in advising the Government on project procurement, contractual arrangements, best practice, delivery and funding modes," Mr O'Farrell said.
The new body will be tasked with the preparation of a 20 year State Infrastructure Strategy, as well as detailed five year Infrastructure Plans.
To help fund the State's infrastructure requirements, Restart NSW, a capital fund governed by the board of Infrastructure NSW, will also be established.