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

  • Switzerland to invest €821.07mn more on congestion reduction
    June 17, 2014
    A further €821.07 million (CHF 1 billion) is to be spent on reducing traffic problems on Swiss roads, including the A4. The FORTA fund should be used to finance the expansion of the motorways between Meyrin and Vernier-Le Vengeron, Luterbach and Harkingen and Andelfingen and Winterthour. A further €32.83 million should be spent on work around Crissier, which already benefited from €98.51 million of the €1.14 billion allotted in the first phase of traffic jam reduction. The second €816.85 million phase is to
  • Sichuan and Hainan Province in China will see major road network developments
    March 23, 2012
    In China’s Sichuan Province the city of Mianyang intends to invest over US$1 billion in its transportation network during 2012. The investment will be split between rural road construction, national-provincial trunk highway construction and highway construction. The plans also call for 800km of rural roads and 200km roads between townships and counties. Meanwhile some $2.23 billion will be invested by China's Hainan authority for tourist road development by 2015. The authority expects tourist roads in the p
  • Disagreement in Germany over new road funding plans
    February 24, 2016
    There is major disagreement in Germany over plans for a new approach to financing road development proposed by the government. The authorities in the states are objecting to the government proposal to open a road fund, which will be responsible for building and maintaining the major routes roads and which would be able to award contracts to private companies. The federal states currently have responsibility for the road-building work with, funding coming from central sources and they do not want to lose inf
  • Road repair programme for Melbourne
    December 7, 2018
    A new programme of road repairs is intended to tackle problems on Melbourne’s roads. The Victorian State Government is financing works worth US$129 million (A$183 million) to around 200 road and bridge sections across the state, in a bid to improve road conditions. The work will be carried out by three firms, Sprayline Road Services, Fulton Hogan Industries and Downer EDI Works. The improvements will include repairing fences, fitting new guard rail and signs, resurfacing worn sections of road, filling in