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

  • Brisbane’s US$5.1-6.5 billion tunnel project
    June 24, 2024
    Brisbane could benefit from a US$5.1-6.5 billion tunnel project.
    Read More
  • Concern over the state of US bridges
    April 1, 2019
    Bridge condition is a serious concern in the US, according to a new report from American Road & Transportation Builders Association (ARTBA).
    Read More
  • EBRD continues supporting infrastructure investment
    January 21, 2014
    The European Bank for Reconstruction and Development (EBRD) says it has provided strong support to emerging economies in 2013. Much of this investment has been into transportation infrastructure, which the EBRD sees as being crucial for development and to help emerge economies into growth. Total investments for the year across all of the regions where the EBRD is active amounted to €8.5 billion, according to preliminary estimates, compared with financing of €8.9 billion the previous year. These investments
    Read More
  • Netherlands: BBV24 consortium to appeal Blankenburg Tunnel deal
    September 27, 2017
    In the Netherlands, the consortium of BBV24 is appealing the awarding of the Blankenburg Tunnel construction contract to another consortium, BAAK Blankenburg-Verbinding. BAAK Blankenburg-Verbinding – consisting of Dutch construction firm Ballast Nedam, Belgian dredging company Deme and Australian investment bank Macquarie – won the contract earlier this year.
    Read More

Highlighted Content