Australia highway projects being planned

Key highway projects are progressing in Australia. In the state of Victoria, the authorities are planning a road widening project for the Monash Freeway that will cost an estimated US$289.54 million (A$400 million). The project calls for the route to be widened to five lanes in either direction for the stretch between the EastLink and the South Gippsland Highway.
November 24, 2015 Read time: 2 mins

Key highway projects are progressing in Australia. In the state of Victoria, the authorities are planning a road widening project for the Monash Freeway that will cost an estimated US$289.54 million (A$400 million). The project calls for the route to be widened to five lanes in either direction for the stretch between the EastLink and the South Gippsland Highway. Other sections of the route will be widened to three lanes in either direction. Toll road firm 891 Transurban has been working with the Victoria State Government on infrastructure upgrades and the improvements to the Monash Freeway form part of a larger $3.98 billion (A$5.5 billion) plan to reduce the traffic volumes on the West Gate Bridge.

Meanwhile in New South Wales there are cost concerns over the WestConnex motorway project. This has now risen to $11.98 billion (A$16.8 billion) compared with the original estimate of $10.98 billion (A$15.4 billion). The Sydney Gateway has cost more than originally expected. The project is scheduled to open to traffic in 2023. A consortium comprising Spanish firm 4761 Dragados of Spain, Koreaon company Samsung C&T and local firm CIMIC Group (CIMIC) will undertake Phase II of the WestConnex highway project. The contract is worth some $2.03 billion (A$2.8 billion) and is due for completion at the end of 2018. The consortium is required to upgrade existing interchanges, build a 9km stretch of tunnel of 9km and build a 33km link road for M4 and M5 highways.

Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • WestConnex to provide vital Sydney Airport link
    April 3, 2013
    The 33km WestConnex project will link the M4 to Sydney Airport, Port Botany and the M5 East in New South Wales, Australia. The project aims to improve King Georges Road, which will join the new M5 east with a dedicated lane of its own. The works will receive US$1.87 billion (AUD 1.80bn) up front from the state government.
    Read More
  • Australian state government does a deal with East West Connect
    April 15, 2015
    The state government of Victoria in Australia will pay the East West Connect consortium US$258 million to cancel construction of Melbourne’s East West Link road tunnel. The payoff is to cover the consortium's bidding, design and pre-construction costs and draw a line under the deal that has been mired in financial controversy for years. The federal government slammed Victoria’s decision to bail out of the project as “an obscenity’’ that will cost 7000 jobs, according to a report in The Australian news
    Read More
  • Key highway link for NSW Australia
    July 3, 2012
    In Australia, a road contract worth US$400.47 million (A$400 million) has been won by Interlinks Roads. The deal involves upgrading a key section of highway, with Transurban holding a 50% stake in Interlink Roads. In addition, Abigroup will carry out a $315 million deal to widen a 21km section of Sydney's M5 highway has been secured by Abigroup. The M5 work is due for completion in 2014 and includes widening 21km of the M5 from two lanes to three lanes between Camden Valley Highway and King Georges Road.
    Read More
  • Smaller contractors wanted for Melbourne’s North East Link project
    September 27, 2018
    Australia’s Victoria state government has moved to ensure smaller contractors get a share of the US$12 billion worth of Melbourne city’s North East Link contracts. According to a report in the Australian Financial Review, Victoria state treasurer Tim Pallas said that consortiums bidding for North East Link could not include more than one of the top three local contractors. This is to encourage more international companies and smaller Australian contractors to tender for the proposed 26km project.
    Read More

Highlighted Content