Of these 73 projects 40 are minerals projects, 18 are gas and petroleum projects, and 15 are infrastructure projects.
It demonstrates drop by 14 projects as reported in October 2012. The investment value, however remained same with the inclusion of high valued projects, the report stated.
In addition, the resources and energy major projects investment pipeline boasted of A$232b ($227.3bn) of projects currently at the feasibility stage alongside A$120bn ($117.5bn) of projects at the publicly announced stage.
BREE executive director and chief economist Professor Quentin Grafton stated that the high levels of investments in the resources and energy sectors are driven by valued projects.
"Mega projects valued at over $5 billion account for around 80 per cent of the $268 billion in committed investment."
"’The decline in the number of committed projects reflects the emerging trend for high value projects at the Feasibility Stage to be delayed or cancelled, while the value of committed investment has remained close to record high levels due to cost increases to several key projects," added Grafton.
BREE expects that nearly A$150bn ($146.9bn) worth projects have been delayed or cancelled since April 2012. Also the study recorded an increase of 11% of the stock of committed investment in cost of the committed projects.
The group estimates that the committed projects and projects assessed as likely to progress to the committed stage in the next five years, would contribute an investment of A$256bn ($250.8bn) at the end of 2013 before decreasing to around A$70bn ($68.5bn) in 2017.
