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

  • Brisbane’s Clem Jones tolled road tunnel goes up for sale
    April 30, 2013
    KordaMentha, a receiver, and investment bank Goldman Sachs have put the Clem Jones tolled road tunnel in Brisbane, Australia up for sale. Queensland Motorways as well as local and overseas pension funds are reported to be planning to bid for the asset, estimated to be worth US$617.15 million (AUD 600mn). The closing date for first round bids is expected in middle of June 2013 and completion of the deal is scheduled at the end of September 2013. The Clem Jones tunnel is owned by River City and the company ha
    Read More
  • Over 1/3rd of US bridges needing repair or replacement
    April 15, 2020
    Over 1/3rd of US bridges are needing repair or replacement according to a new report.
    Read More
  • India’s longest tolled expressway is open to traffic
    January 2, 2013
    Earlier this year, a new expressway was opened to traffic in India, adding connectivity to the country’s road network - Mike Woof reports. India’s economic growth has fuelled a massive construction boom in the country. Road building has been set as a priority by the Indian Government to help ensure continued economic development and improve connectivity between major population centres. One major new expressway has recently opened to traffic, having been designed to international standards and provides insi
    Read More
  • Australian Institute of Landscape Architects (AILA) anger over East West Link
    August 6, 2013
    The Australian Institute of Landscape Architects (AILA) fear the design of the proposed multi-billion dollar East West Link highway in Melbourne will have a “substantial visual, environmental and amenity” impact on peoples quality of and the open spaces they enjoy. Kirsten Bauer, president of the AILA Victorian Chapter, has attacked the plans for the 18km tolled motorway, set to run from the western suburbs to the Eastern Freeway, after she and other Victorian AILA members had reviewed the “so called detai
    Read More

Highlighted Content