Funding found for Australian key road revamp

In Australia funding has now been sourced for the Townsville Ring Road project. The country’s Federal Government is supplying the US$122.52 million (A$160 million) required for the Townsville Ring Road project. This road will connect Mount Low and Shaw Road in Queensland. The Queensland State Government will supply the remaining $30.6 million (A$40 million) required to complete the budget needed for the project. The Townsville Ring Road is scheduled to open for traffic in 2017. This new route is needed to c
March 23, 2015 Read time: 1 min
In Australia funding has now been sourced for the Townsville Ring Road project. The country’s Federal Government is supplying the US$122.52 million (A$160 million) required for the Townsville Ring Road project. This road will connect Mount Low and Shaw Road in Queensland. The Queensland State Government will supply the remaining $30.6 million (A$40 million) required to complete the budget needed for the project. The Townsville Ring Road is scheduled to open for traffic in 2017. This new route is needed to cut congestion on the existing network and in particular, to carry heavy trucks travelling to and from the Port of Townsville.
Road Structures Finance & Funding

Related Content

  • “Innovative thinking” can secure vital US transport infrastructure cash
    August 21, 2012
    A leading US regional business association figure has called for “innovative thinking” on transport infrastructure funding and the “aggressive exploration” of new funding sources to help achieve a more prosperous America. Writing in the Cincinnati Enquirer, Ellen van der Horst, president and CEO of the Cincinnati USA Regional Chamber, said: “Just as innovation leads to improvements in the way we do business, innovative thinking can also lead to improvements in the way we fund infrastructure. And the need fo
    Read More
  • Talks to develop US$3.03bn Sydney F3-M2 road link
    May 10, 2013
    In Australia, New South Wales Roads Minister Duncan Gay said talks are continuing between federal and state governments to develop a US$3.03 billion (AUD 3bn) F3-M2 road link in north-west Sydney. It is reported that NSW and federal governments will each pump up to US$407.83 million (AUD 400mn) in to the project. The balance of the funds for the four-year works, set to start in 2013, will be provided by a private firm to construct a tunnel from the F3 freeway to the M2 motorway. The private firm will then c
    Read More
  • Busy bridge in Beijing replaced quickly
    March 31, 2016
    The replacement of a very busy road bridge in China’s capital Beijing has been carried out successfully. Due to the volume of traffic using the bridge during week days, the work had to be carried out quickly so as to minimise traffic disruption. But despite being carried out in the centre of Beijing, the replacement work for the Sanyuan Bridge just took 43 hours from start to completion.
    Read More
  • Asphalt milling optimised by 3D controls
    February 20, 2012
    3D machine controls can optimise milling efficiency, Mike Woof reports. More efficient milling and recycling operations can be carried out by using the latest 3D control systems on the market. At the last Trimble Dimensions event in Las Vegas, the advantages of 3D controls for milling operations proved a key topic. The use of 3D control systems can offer huge advantages in milling operations. This technology helps increase productivity as the milling machine will only remove what is required, which also hel
    Read More

Highlighted Content