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

  • Frankfurt highway section to run in tunnel
    March 12, 2019
    A tunnel has been proposed for a highway stretch in the German city of Frankfurt. The proposals put forward by the city authorities call for a 1km stretch of the A661 Autobahn to run in a cut and cover tunnel. The project would cost around €350 million and would allow housing to be built over the top of the route. A substantial portion of the funding would have to be sourced from the German Federal Government and the Hesse State Government for the project to go ahead however. If the proposals are accepted,
    Read More
  • Putin orders doubling road-building in Russia by 2022
    November 21, 2014
    Russia looks set to accelerate its road building programme – Eugene Gerden writes The volume of road building in Russia should be doubled by 2022, according to a recent order of Russia’s president Vladimir Putin. He said, “We need a real breakthrough in road building during the next several years. These volumes should be doubled during the coming decade.”
    Read More
  • Mexico developing and maintaining key transport infrastructure
    January 10, 2019
    Mexico is setting out an ambitious programme of infrastructure development to the Tehuantepec Isthmus area in Oaxaca State in the south of the country. The work will include widening and upgrading the Salina Cruz-Coatzacoalcos road link, as well as building the Matias Romero bypass and the Acayucan-La Ventosa road section. This infrastructure development plan is expected to cost just over US$425 million in all and also includes improvements to rail connections and ports in the area. Road maintenance works
    Read More
  • Mexico developing and maintaining key transport infrastructure
    January 10, 2019
    Mexico is setting out an ambitious programme of infrastructure development to the Tehuantepec Isthmus area in Oaxaca State in the south of the country. The work will include widening and upgrading the Salina Cruz-Coatzacoalcos road link, as well as building the Matias Romero bypass and the Acayucan-La Ventosa road section. This infrastructure development plan is expected to cost just over US$425 million in all and also includes improvements to rail connections and ports in the area. Road maintenance works
    Read More

Highlighted Content