Decline in Australia's coming road investment

Australia’s Government will invest US$12.4 billion (A$12.5 billion) on the country’s road network in the 2014-2015 financial year. This does represent a decline from the $16 billion (A$16.1 billion) invested in roads by the Australian Government in the last financial year however.
May 22, 2012 Read time: 1 min
Australia’s Government will invest US$12.4 billion (A$12.5 billion) on the country’s road network in the 2014-2015 financial year. This does represent a decline from the $16 billion (A$16.1 billion) invested in roads by the Australian Government in the last financial year however.

Related Content

  • Liebherr sees steady performance worldwide
    June 8, 2015
    The Liebherr Group has seen a steady financial performance in 2014, with turnover reaching a healthy €8.823 billion, similar to the previous financial year. The company continued to invest in developing its operations, spending €816 million in expanding and modernising its manufacturing facilities and also strengthening the sales and service organisation. The number of employees has now risen to 40,839 in total. The €8.823 billion turnover was slightly lower, 1.6%, than for the previous financial year howev
    Read More
  • Report highlights world demand for asphalt to grow
    December 4, 2015
    Global demand for asphalt is projected to expand 2.8%/year until 2019 and will reach 122.5 million tonnes. These gains will be driven by growth in China and other developing countries as they work to improve their transportation infrastructures. This report has been published by the US-based Freedonia Group.
    Read More
  • Colombia: two proposals to build Santana-Mocoa-Neiva motorway
    May 7, 2015
    The Colombian Vice President, German Vargas Lleras, has announced that two proposals have been received to build the Santana-Mocoa-Neiva motorway. This road has a budget of US$627.22 million is one of the nine initiatives the National Infrastructure Agency (ANI) has included in the second wave of 4G motorway projects. The two companies interested in carrying out the work are Concesionaria Vias del Desarrollo 4 and Infraestructura Vial para Colombia. Concesionaria Vias del Desarrollo 4 consists of C
    Read More
  • Russia’s big investment in motorways and airports ahead of FIFA World Cup 2018
    May 28, 2014
    Russia is to invest more than €860 million in the construction and renovation of motorways and airports ahead of the 2018 FIFA World Cup. The country’s Prime Minister, Dmitry Medvedev, has signed a funding provision decree worth over €860.14 million (RUB 40 billion) for these works over the period 2014-2016. The Federal Road Agency will receive €66.32 million (RUB 3.09bn) in 2014, €230.72 million (RUB 10.75bn) in 2015, and €195.31 million (RUB 9.1bn) in 2016. The Federal Air Transport Agency will get €119.
    Read More

Highlighted Content