Skip to main content

Australia highway project funding found

Funding has been secured to pay for the Gympie bypass project in Queensland, Australia. The 26km project is expected to cost US$ 767.4 million (A$1 billion) in all. The Australian Government will provide 80% of the funding required, with the remaining 20% being provide by Queensland State’s budget. This section of road will extend the Bruce Highway and is intended to cut congestion in the area.
April 30, 2018 Read time: 1 min
Funding has been secured to pay for the Gympie bypass project in Queensland, Australia. The 26km project is expected to cost US$ 767.4 million (A$1 billion) in all. The Australian Government will provide 80% of the funding required, with the remaining 20% being provide by Queensland State’s budget. This section of road will extend the Bruce Highway and is intended to cut congestion in the area.

Related Content

  • Ireland's budgert cuts impact on road projects
    May 14, 2012
    Ireland’s government is undergoing a period of belt-tightening, with a string of budget cuts that will directly impact on the transport sector. The country was in the process of spending heavily on its infrastructure but with the tough economic climate it is now facing, a number of road projects are among those facing the axe. The Irish government is slashing its infrastructure spending from €39.6 billion to €22.9 billion between now and 2013. This looks likely to result in 40 road projects, including hig
  • Two key Australian highway links underway
    May 28, 2012
    Two key highway upgrades will be carried out in Australia by Valemus, a subsidiary of German construction firm Bilfinger Berger. In total the work is worth some US$219.4 million. Valemus is building a section of the Pacific Highway in New South Wales. This 8.6km four-lane road forms a bypass around Bulahdelah and is the final link in the southern section of this highway.
  • Zimbabwe highway project faces delay
    July 12, 2018
    The project to build Zimbabwe’s crucial north-south highway link is facing delays, with the contract now having to be re-awarded. The tender was originally awarded to an Austrian firm, Geiger International, but with progress having proven very slow this has been withdrawn. The deal has not yet been re-awarded. But the Zimbabwe Government is at present in discussions with the second bidder from the original tender process, Anhui Foreign Economic Construction Group Limited (AFECC), over the contract. The hig
  • Brisbane's highway of distinction
    August 2, 2012
    A massive AU$2 billion update of the Gateway Motorway in Queensland is underway to improve an infrastructure stretched by population boom. Report and photographs by Adrian Greeman Just 20 years after the Australian city of Brisbane built its Gateway Motorway with a high slim signature bridge dominating the river skyline, the road is being completely revamped. Some 12km of urban route on the south of the Brisbane River is being expanded to take much increased traffic levels; the north is getting a completely