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

  • Mexican road projects in hand while others face delays
    February 23, 2012
    Several key highway developments are being planned in Mexico, although project delays are now facing increasing public scrutiny.
    Read More
  • Latvia road design contract for capital Riga
    November 11, 2014
    A road design study is now being carried out for Latvian capital Riga. The study will evaluate solutions for connecting parts of the city and its port to the main Latvian highway network. The study will be part-funded by the EU’s TEN-T Programme, which is providing close to €1.8 million. The project will be completed by the 31st December 2015 and involves the construction of a new link to the Freeport of Riga that will carry heavy goods vehicles, reducing traffic volumes and congestion in the historic city
    Read More
  • Morocco bypass tender process underway
    December 13, 2018
    The tender process is underway in Morocco for the North-East bypass for Agadir. The project is needed to reduce the chronic congestion that occurs on the existing routes around the city during peak periods at present. Traffic flow on the city’s outer ring road can become particularly sluggish during rush hour periods. The new bypass will help the flow of both commuter traffic and heavy vehicles between the port of Agadir to Agadir Al-Massira Airport, as well as for roads on the northern side of the city. It
    Read More
  • Algeria bypass project underway
    December 1, 2015
    Work is now underway on a series of projects in Algeria, including the East West Highway and a key highway bypass. The 67km Khémis Miliana-Berrouaghia bypass is expected to cost around US$836 million, with work due for completion at the end of 2016. The project is being handled by an Algerian/Italian team.
    Read More

Highlighted Content