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

  • Adelaide will benefit from a major road project
    February 15, 2023
    Adelaide will benefit from a major road project that will cut congestion.
  • Australian projects underway
    May 28, 2012
    The consortium building Australia's new Northern Link tollway expects the project to require four years to complete. The US$1.41 billion (A$1.5 billion) project is being carried out by a consortium led by Spanish contrator Acciona, with construction due to commence at the end of this year. The work is being part funded by a $745 million loan from the State Government for the area and will also receive $532 million of funding from the Federal Government.
  • Australian transport infrastructure development
    November 4, 2022
    The Australian Government is targeting transport infrastructure development.
  • Major Australian roads to be upgraded
    July 8, 2019
    Plans for major improvement works to sections of the Bruce Highway and M1 Pacific Motorway in Australia’s Queensland State have been approved. In all the work is expected to cost more than US$1.4 billion (A$2 billion). The improvements to the Pacific Motorway are intended to boost capacity by as much 50,000 vehicles/day. This capacity upgrade work for the Pacific Motorway will be carried out on two stretches between Varsity Lakes and Tugun as well as Eight Mile Plains to Daisy Hill. Meanwhile the work for t