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A private report on future engineering construction in Australia says the Olympic Dam mine expansion project holds the key to transforming South Australia's economic landscape.
The BIS Shrapnel report says rail and road infrastructure works will give a vital boost to the construction sector over the next three years.
BIS Shrapnel senior manager Adrian Hart said the bright outlook for SA was dependent on BHP Billiton deciding to proceed with the Olympic Dam expansion.
"If that gets underway later this year or early next year then we will definitely see some exceptionally strong growth in South Australia, pushing activity in the state to record levels," he said.
"It's a long timeframe [for] the project, it's many billions of dollars and you'll see growth over the next three to four years in terms of activity and then just see activity plateau at a very, very high level."
The planned mining expansion will see activity in SA boom from 2012/13, the report forecasts.
Overall activity in SA is forecast to double between the current financial year and 2014/15, to just under $9 billion.
BIS said a SA mining boom would narrow the gap on the two leading mining states, Western Australia and Queensland.
In a note of warning to all states, Mr Hart said the focus on resources for the mining boom was detracting from investment needed on non-mining infrastructure.
This article first appeared on au.news.yahoo.com
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