Go-ahead given for Sydney’s US$10.92bn Westconnex motorway

New South Wales Premier Barry O'Farrell has given the go-ahead for the US$10.92 billion (AUD 11.5 billion) Westconnex motorway project in Sydney, Australia. A total of $1.4 billion (AUD 1.5 billion) has been pledged by Prime Minister Tony Abbott over four years, while $1.68 billion (AUD 1.8 billion) has been committed by the state government. The private sector will channel the remaining fund through tolls. A toll for using the 33km motorway will be reportedly capped at $7.21 (AUD 7.70). With its constru
September 19, 2013 Read time: 1 min
New South Wales Premier Barry O'Farrell has given the go-ahead for the US$10.92 billion (AUD 11.5 billion) Westconnex motorway project in Sydney, Australia. A total of $1.4 billion (AUD 1.5 billion) has been pledged by Prime Minister Tony Abbott over four years, while $1.68 billion (AUD 1.8 billion) has been committed by the state government. The private sector will channel the remaining fund through tolls. A toll for using the 33km motorway will be reportedly capped at $7.21 (AUD 7.70).

With its construction earmarked to begin in early 2015, the Westconnex motorway will include a series of underground three-lane tunnels connecting the southwestern and western suburbs of the city with Port Botany, central business district and airport. It is projected that the motorway will be able to create thousands of jobs and slash times for motorists in the west of the city.
Road Structures Highway & Network Management

Related Content

  • Dhaka Elevated Expressway section opened
    September 19, 2023
    The Italian-Thai Development Corporation entered into a US$1.062 billion contract with China Railway Construction Corporation (CRCC) for building the elevated expressway.
    Read More
  • Australian roads budget aimed at urban stretches
    May 15, 2015
    The Australian Government is only allocating central funding to urban road projects in its Budget 2015. Major projects that will receive federal funding are the WestConnex motorways, urban roads around Badgerys Creek and the widening of the Pacific Highway. The Federal Government will provide US$1.2 billion (A$1.5 billion) in grant funding as well as an additional $1.6 billion (A$2 billion) loan for the WestConnex project. Meanwhile the NorthConnex project under the Pennant Hills Road in Sydney will receive
    Read More
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More

Highlighted Content