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

  • Qatar developing highway expansion plan
    June 16, 2016
    Qatar is setting the wheels in motion for the development of a comprehensive highway network. Engineering firm KBR is working on a three year, US$185 million consultancy contract to manage Qatar’s highway construction and improvement programme. This package is an extension to KBR’s earlier contract, which the firm won in 2010. The new contract was awarded by Qatar’s Public Works Authority (Ashghal) and the highway network plans will form part of the country’s National Vision 2030 strategy. New and improved
    Read More
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • Egyptian Government opening key project tender
    May 11, 2012
    The Egyptian Government is opening the tender process for the Rod el Farag highway in July 2012. The highway project is expected to cost US$1 billion to construct and will be carried out in two stages. One section will run from Alexandria Desert Road to the Cairo Ring Road. Meanwhile the second section will run from the Cairo Ring Road to the eastern side of the Nile-Shoubra area and the Al Ismailia Canal Road.
    Read More
  • Concrete paving a smoother surface using machine control technology
    May 17, 2017
    Innovative technology has been used to deliver a smooth concrete road surface on a busy stretch of highway in Nebraska. Much-needed work on a busy section of Interstate 80 has been carried out in Nebraska to improve the road surface. This is one of the most important highways in the US, providing a link that stretches right across the country between the east and west coasts. This busy highway carries a high percentage of heavy truck traffic as it is a vital transport route. However this constant flow of la
    Read More

Highlighted Content