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The country's third-largest metropolitan area is also looking to build a subsea cable as part of an infrastructure plan designed to grow its economy to $24bn by 2033.
The government of Western Australia hopes to finalise the proposed 99-year leasing of the agricultural hub in the second half of the year.
More than two-thirds of institutional investors surveyed by S&P believe a 'Leave' vote would dampen infrastructure investment in the country.
"Billions of dollars" in private money are left on the table every year because of weak PPP frameworks, says the Executive Council on Infrastructure.
The three-year programme includes 303 projects covering railways, highways, waterways, airports and urban transit.
Fast-paced innovation could make projects obsolete even before they are complete, a KPMG paper argues.
The Clean Energy Finance Corporation will use the vehicle to support innovative projects and businesses for a period of 10 years.
The Ivy League school, along with local and business leaders, sees benefits in modernising a line to accommodate a growing population in the New York metro region.
A leading construction advocacy group says big infrastructure plans are needed to sustain the country's growth through the commodities slump.
A policy change currently under review by the island's financial regulator could unlock up to $24bn for investments in alternative assets.