Talks to develop US$3.03bn Sydney F3-M2 road link

In Australia, New South Wales Roads Minister Duncan Gay said talks are continuing between federal and state governments to develop a US$3.03 billion (AUD 3bn) F3-M2 road link in north-west Sydney. It is reported that NSW and federal governments will each pump up to US$407.83 million (AUD 400mn) in to the project. The balance of the funds for the four-year works, set to start in 2013, will be provided by a private firm to construct a tunnel from the F3 freeway to the M2 motorway. The private firm will then c
May 10, 2013 Read time: 1 min
In Australia, New South Wales Roads Minister Duncan Gay said talks are continuing between federal and state governments to develop a US$3.03 billion (AUD 3bn) F3-M2 road link in north-west Sydney.

It is reported that 882 NSW and federal governments will each pump up to US$407.83 million (AUD 400mn) in to the project. The balance of the funds for the four-year works, set to start in 2013, will be provided by a private firm to construct a tunnel from the F3 freeway to the M2 motorway. The private firm will then charge users to recover the investment.

An unsolicited proposal has been submitted by 891 Transurban to the NSW government. On completion, the project will connect the M2 motorways network in Sydney to the F3 freeway that links Sydney to Newcastle and central coast.

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