Skip to main content

Australia spending on road development programme

The Australian state of Victoria will benefit from US$2.26 billion (A$3 billion) in funding for planned road projects. This financing will be split equally by the Federal Government and the Victoria State Government. Some $520 million (A$690 million) will be spent on regional and rural road projects while $753.3 million (A$1 billion) will be used to upgrade the Monash Freeway as well as for other works including improving the M80 Ring Road.
November 15, 2016 Read time: 1 min
The Australian state of Victoria will benefit from US$2.26 billion (A$3 billion) in funding for planned road projects. This financing will be split equally by the Federal Government and the Victoria State Government. Some $520 million (A$690 million) will be spent on regional and rural road projects while $753.3 million (A$1 billion) will be used to upgrade the Monash Freeway as well as for other works including improving the M80 Ring Road.

Related Content

  • Australia highway project underway in Victoria State
    October 5, 2018
    Construction work is now well underway in Australia on the Monash Freeway upgrade in Victoria State. The project has entered its second stage and is costing US$513.5 million (A$711 million. The work involves building 36km of new lanes as well as installing the latest traffic information technology for drivers. For the section from Warrigal Road to the EastLink the router will be widened to five lanes in either direction, compared with four in either direction at present. Meanwhile between Clyde Road and Car
  • 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.
  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
  • Australia: Consortium ready to abandon Melbourne’s East West Link
    March 10, 2015
    The East West Connect consortium is set to abandon Melbourne’s East West Link contract in return for a payment of between US$400 million and $535 million, according to media reports. But the Victoria state government is challenging the claim by East West Connect whose partners include Lend Lease, Acciona, Capella Capital and Bouygues. Instead, the government wants East West to payback around $153 million which the consortium allegedly received when the toll road contract was signed, reported the Herald Sun