Skip to main content

Around US$1.87bn for Sydney roads and other infrastructure over 10 years

Roads in Sydney are set to benefit as part of a huge US$1.87 billion (AUD 1.9bn) capital works spending programme for the city over the next ten years. The programme, aimed at enhancing the international reputation of the city, includes $175.01 million (AUD180mn) for new roads and footpaths in Sydney. In order to transform George Street, $213.91 million (AUD 220mn) will be spent on connecting light rail and laneways, while $388.92 million (AUD 400mn) will go on upgrading Green Square, and a further $97.23 m
May 20, 2013 Read time: 1 min
Roads in Sydney are set to benefit as part of a huge US$1.87 billion (AUD 1.9bn) capital works spending programme for the city over the next ten years.

The programme, aimed at enhancing the international reputation of the city, includes $175.01 million (AUD180mn) for new roads and footpaths in Sydney.

In order to transform George Street, $213.91 million (AUD 220mn) will be spent on connecting light rail and laneways, while $388.92 million (AUD 400mn) will go on upgrading Green Square, and a further $97.23 million (AUD 100mn) will fund improvements to parks. By June 2014, $194.46 million (AUD 200mn) of the capital works programme funds will be spent.

Related Content

  • Legacy Way underground road tunnel in Brisbane to cost US$1.57bn
    November 21, 2012
    The 5km Legacy Way underground road tunnel in Brisbane, Australia will cost US$1.57 billion (AUD 1.50bn). Brisbane City Council (BCC) will borrow US$ 1.04 billion (AUD 1bn) from the Queensland Treasury Corporation (QTC) on a 30-year loan to help fund the works. Meanwhile the federal government will contribute US$520.92 million (AUD 500mn) to the project. The tunnel is expected to carry 24,000 cars a day when it opens in 2015. The Clem 7 and Airport Link are two tunnels already operating in Brisbane.
  • US$ 67.29bn proposed for Thai roads and other infrastructure projects
    March 14, 2013
    A borrowing plan of US$67.29 billion (THB 2tn) for new transport infrastructure projects has been presented to Thailand's parliament. Out of the total borrowing, $8.16 billion (THB 243bn) is earmarked for road development, and a further $409.36 million (THB 12.19bn) for road checkpoint development. Main transport projects include four high-speed rail route, ten mass transit projects and dual track railways. A bill cementing the borrowing plan is set to be presented to the parliament by the end of March 2013
  • Australia's huge transport investment
    February 29, 2012
    The Australian Government is allocating additional funding to renew its infrastructure and to improve transport in the major cities work in its 2011-12 budget.
  • Sydney buses to collect road data
    July 22, 2022
    In the Australian scheme called Asset AI, 32 public buses in Sydney have a camera and sensor.