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

  • Australia's transport plan
    February 7, 2012
    The Australian Government is on track with its US$37 billion (A$42 billion) stimulus plan, announced in January 2009. The country's Federal Government has approved over 49,000 infrastructure and construction projects in all, including a number of key highway projects.
  • Highway construction to be completed for South East Nigeria
    June 11, 2018
    Further financing will be required to complete construction work for Nigeria’s vital East-West highway project. Work is being carried out on sections of the highway between Warri and Port Harcourt and from Eket to Ikot Akan and Atan Ikpe. The former stretch is being handled by Setraco Nigeria, while the latter is being handled by Reynolds Construction Company. However a further US$277.4 million will be required to fund the work, which involves widening the highway so that it features two lanes in either dir
  • Australian road project in Queensland delayed
    May 9, 2018
    Work on a major road project in the Australian state of Queensland is being delayed due to safety concerns. The contractor, Cintra, has been ordered by the local authorities in the state to stop work on two piers that will support the viaduct stretch of the US$1.21 billion Toowoomba Second Range Crossing project. This follows two recent incidents, which are now being investigated by Workplace Health and Safety Queensland. The project is for a 41km bypass to the north of Toowoomba connecting the Gore Highway
  • Western Australia transport development
    May 15, 2019
    Western Australia is planning a series of transport upgrades across the state. Road projects will be prioritised, with US$2.96 billion (A$4.2 billion) being planned as a budget. Around half of this budget will be used to develop regional roads in the state. Major works are being carried out include the $1.41 billion extension of the Tonkin Highway to connect with the South Western Highway and also to reduce congestion at Swan River. It also includes work on the Bunbury Outer Ring Road worth $600 million, t