Skip to main content

Tolled freeway to Melbourne Airport due to undergo US$788.29mn widening

Australian developer and operator of tolled roads, Transurban, is planning to spend US$788.29 million (AUD 850 million) to widen an eight-lane tolled section of Tullamarine freeway leading to Melbourne Airport.
April 29, 2014 Read time: 1 min
Australian developer and operator of tolled roads, 891 Transurban, is planning to spend US$788.29 million (AUD 850 million) to widen an eight-lane tolled section of Tullamarine freeway leading to Melbourne Airport.

Transurban expects to complete the project in two years and construction is scheduled to start in 2015. The company owns 50% stake in M1 Eastern Distributor, M7 and M5 roads in Sydney and owns the Hills Motorway. Transurban has operational rights in the Cross City Tunnel.

For more information on companies in this article

Related Content

  • Chile’s US$500mn Santiago spend
    June 14, 2012
    Chile's Public Works minister Laurence Golborne has announced plans to invest US$500million to improve roads in the eastern part of the capital Santiago. The first of eight separate projects to ease traffic in that part of the city will begin in October, 2012. The works will include a tunnel under Mapoco River connecting Costanera Norte and the Central Motorway; two new bridges over Manquehue and Kennedy Avenue; and works on the La Concepcion exit. The Perez Zujovic roundabout will be eliminated through wo
  • STRABAG’s German highway assets increased
    October 4, 2018
    STRABAG has increased its stake in the A8 motorway operator PANSUEVIA. This share has been boosted from 50% to 100%. PANSUEVIA operates the autobahn stretch that runs between Ulm and Augsburg in the south of the country. SRABAG purchased the 50% stake in PANSUEVIA that was previously held by HOCHTIEF. As a result, STRABAG is now the 100% owner of the concession company operating the Ulm–Augsburg section of the A8 autobahn. Both parties agreed not to disclose the purchase price however. This section of the
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
  • US$2.1 billion Louisiana bridge deal for partners
    February 2, 2024
    A US$2.1 billion Louisiana bridge deal has been won by Sacyr, Acciona and Plenary Americas.