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

  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
  • India’s highway financing programme planned
    November 30, 2016
    A budget of US$8.97 billion has been set as the limit on borrowing for India’s highways development programme for the 2017-2018 fiscal year. The financing agreement has been made by the National Highways Authority of India (NHAI), acting through the country’s Ministry of Road Transport and Highways. This substantial budget comes in spite of fewer projects being awarded as well as less financing having been secured during 2016. In the April to October 2016 the NHAI awarded contracts for 2,330km of highways.
  • Nova Scotia sets road budget for 2019-20 at US$224 million
    December 20, 2018
    The Canadian province of Nova Scotia will get US$224 million for road upgrades in 2019-20, a boost of $11.2 million over the current period. Lloyd Hines, the province’s transportation and infrastructure renewal minister, said much of the additional funding will be for twinning portions of the province’s 100 series highways, including the 101, 103, 104 and the 107 Sackville-Burnside connector. The plan includes rebuilding and upgrading gravel roads and around $15 million of the money has been earmarked
  • Angola’s US$421 million road development programme
    May 23, 2024
    Angola has a US$421 million road development programme.