Skip to main content

Australian highway project receiving government financing

Financing is being provided by Australian Government for the Pacific Highway upgrade project. In all some US$3.6 billion (A$3.56 billion) of Federal Government funds will go towards the works on the condition that the New South Wales State Government provides an equal amount. In all $7.2 billion will be needed to upgrade the Pacific Highway.
May 11, 2012 Read time: 1 min
Pic: Ozimax
Financing is being provided by Australian Government for the Pacific Highway upgrade project. In all some US$3.6 billion (A$3.56 billion) of Federal Government funds will go towards the works on the condition that the 5498 New South Wales State Government provides an equal amount. In all $7.2 billion will be needed to upgrade the Pacific Highway.

For more information on companies in this article

Related Content

  • The Russian government is set to revise roadbuilding standards and technologies
    May 29, 2013
    The Russian government is considering revising standards and technologies of roadbuilding in the country, writes Eugene Gerden. The aim is to accelerate implementation of one of the major public projects in the transport industry of Russia in the coming years: expansion of the road network from the current 900,000km to 1.3 million km by 2030 as part of the current Russian State Transport Strategy. According to a recent study, conducted by analysts of the Presidential Head Control Directorate, maintaining th
  • 9% profit rise for merged HaskoningDHV
    September 6, 2012
    The combined half-year accounts of the merged Royal Haskoning and DHV showed profits up 9% despite the tough market conditions. Both former companies contributed equally to an operating profit (EBITA) over the first six months of 2012 at €13.9 million.
  • Major Indian highway projects
    February 17, 2012
    Planning is underway in India on key highway projects in the states of Gujarat and Rajasthan as well as a new link to connect the latter to capital Delhi.
  • Road upgrade work for Kerala, India
    October 21, 2020
    Road upgrade work is planned for Kerala in India.