(i) is economically or
socially significant to the State or the region in which the project is to be
undertaken; or
(ii) affects an environmental interest of the State or a
region.
(2) In deciding to declare a project to be a prescribed project, the
Minister may have regard to any of the following—
(a) the public interest or
the general welfare of persons in the region in which the project is to be
undertaken;
(b) whether a voluntary environmental agreement is likely to be
entered into in relation to the undertaking of the project;
(c) other matters
the Minister considers relevant.
(3) The declaration must be made by gazette
notice.
(4) If the Minister considers the undertaking of the project is
critical or essential for the State for economic, environmental or social
reasons, the Minister may, in the gazette notice, declare the project to be a
critical infrastructure project.