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

  • Nepal sets major infrastructure programme in motion
    February 15, 2012
    The Nepalese Government is setting out a strategy to invest heavily in its transport connections. The country has set a budget of US$5.49 billion for the fiscal year 2011-2012, with $530 million to be spent on the infrastructure development programme.
    Read More
  • Switzerland to invest €821.07mn more on congestion reduction
    June 17, 2014
    A further €821.07 million (CHF 1 billion) is to be spent on reducing traffic problems on Swiss roads, including the A4. The FORTA fund should be used to finance the expansion of the motorways between Meyrin and Vernier-Le Vengeron, Luterbach and Harkingen and Andelfingen and Winterthour. A further €32.83 million should be spent on work around Crissier, which already benefited from €98.51 million of the €1.14 billion allotted in the first phase of traffic jam reduction. The second €816.85 million phase is to
    Read More
  • Completion date for stretches of Vietnam’s key project
    October 25, 2018
    The completion date has been announced for sections of Vietnam’s key road project. The North-South Expressway project is being built in eight stretches with the work being handled under the PPP model. Vietnam’s transport ministry is aiming for sections of the route to be built by the second quarter of 2020. Funding worth US$5.09 billion has been secured for the project. The North-South Expressway forms a key part in Vietnam’s national road strategy. The plan also includes upgrading, improving and maintaini
    Read More
  • Nepalese Government pushes ahead with transport infrastructure programme
    July 17, 2014
    The Nepalese Government has announced a major programme of transport infrastructure works for the 2014-2015 period. Road, highway and airport projects have all been prioritised. The detailed project report for the Kathmandu-Tarai Fast Track Road is to be completed within six months. The proposal aims to attract investors by guaranteeing a minimum number of vehicles using the tolled link. The project has been delayed due funding issues. This period will also see work being carried out the Mid-Hills Highway,
    Read More

Highlighted Content