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

  • British Columbia awards Quartz Bridge deal
    March 22, 2021
    The Canadian province calls time on the old Quartz Creek Bridge.
    Read More
  • Moscow to invest $20 billion in massive road-building by 2015
    March 28, 2014
    A huge investment in road building will expand Moscow’s network – Eugene Gerden reports The government of Moscow plans to invest more than RUB 640 billion (US$20 billion) during the period of 2014-2015 .in a massive investment of road building in the city. This is expected to be part of Moscow city’s Master Plan, which is designed until 2025. Building of new roads is crucial for Moscow and should help the city to solve the problem of traffic jams. Despite all the efforts made by the city’s authorities in re
    Read More
  • US infrastructure spending
    January 2, 2024
    US$492 billion in infrastructure funding remains to be allocated, but it all ends in 2026 by Mary Scott Nabers
    Read More
  • Slow progress for Cameroon’s Yaoundé-Douala highway
    March 25, 2019
    Progress remains slow for the construction of the highway connecting Cameroon’s two largest cities, Douala and Yaoundé. The two cities are some 202km apart and the new route is intended to improve transport between Cameroon’s capital, Yaoundé, and its key commercial city and port, Douala. The existing National Road No3 linking the two cities currently suffers from heavy congestion and the new route will help alleviate the problem and cut journey times, boosting both capacity and safety. Around 30km of the
    Read More

Highlighted Content