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.

For more information on companies in this article

Related Content

  • Ecuador’s president Correa announces Strategic Mobility Plan
    November 15, 2016
    President of Ecuador, Rafael Correa, announced that the national government will implement the Strategic Mobility Plan until 2030, which will require public and private investments of USD 38bn (EUR 33.83bn). The Minister of Transport and Public Works, Boris Cordova, further added that the primary objective of the initiative will be to expand some of the national routes and to convert them into motorways, in order to accommodate the mounting logistical needs of the growing national economy. With the projects
    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
  • Lower Thames Crossing gets green light
    March 26, 2025
    The 14.5-mile project near London will include a 2.6-mile tunnel under the Thames River and come at a cost of around £8.3 billion.
    Read More
  • Transurban nets 27.1% profit increase
    March 16, 2012
    Australian toll-road owner and investor, Transurban, said its “true defensive nature” appeal to investors had enabled it to achieve a 27.1% increase in net profit.
    Read More

Highlighted Content