New bridge project for Hobart, Australia

Funding is being secured for a new bridge to be built to the north of the city of Hobart in Australia’s Tasmania State. The new bridge will span the Derwent River and is due for completion by 2024. Building the link will reduce journey times for drivers as the present link over the Derwent River has insufficient capacity suffers severe delays. An infrastructure budget of US$1.93 billion has been set, with the new Bridgewater Bridge being prioritised as a key project for construction.
June 20, 2018 Read time: 1 min

Funding is being secured for a new bridge to be built to the north of the city of Hobart in Australia’s Tasmania State. The new bridge will span the Derwent River and is due for completion by 2024. Building the link will reduce journey times for drivers as the present link over the Derwent River has insufficient capacity suffers severe delays. An infrastructure budget of US$1.93 billion has been set, with the new Bridgewater Bridge being prioritised as a key project for construction.

Finance & Funding

Related Content

  • Mexico roads and bridges being planned
    November 15, 2016
    Mexico’s Nuevo Leon state will benefit from a budget of US$455.4 million for infrastructure works during 2017. However this is a drop of 16% from the budget allotted for 2016. The funding will be split between road maintenance and building new roads, with a key project being work on the Saltillo-Monterrey-Nuevo Laredo road. Meanwhile the elevated interconnection road linking the Periferico Sur motorway with the Tlalpan toll booth in Mexico City is seen as crucial to helping develop tourism, protecting th
    Read More
  • Work starts on Komarno-Komarom Bridge between Slovakia and Hungary
    October 31, 2017
    Construction has started on the €117 million bridge over the Danube River between the Hungarian town of Komarom and the Slovak town of Komarno. Around 85% of the cost will be covered by European Union’s Connecting Europe Facility. Completion is planned for winter 2019. Last summer it was announced that the Hungarian companies Hidepito and Meszaros es Meszaros had won the tender for the 600m bridge but with a price tag of just over €91 million, according to Hungarian media. It was also reported at the time
    Read More
  • International firms compete in US bridge project tenders
    May 2, 2012
    The Spanish construction firm ACS is tendering for the construction and operation of four bridges in the US. The firm is tendering in partnership with some other US and international firms for some of the projects, which are worth a total of US$11.4 billion. The Tappan Zee project is expected to cost $5 billion and the deal will be for a design and construction contract. The bridge will be located in New York, is being developed by New York State Thruway Authority and will require two, four-carriageway brid
    Read More
  • Funding issues – delays to Kenya’s major highway project?
    April 17, 2018
    Concerns over financing are delaying progress on Kenya’s massive highway connection project. The new highway between the capital Nairobi and the country’s premier port of Mombasa is expected to cost in the region of US$3.5 billion. Construction is being managed by the US contractor Bechtel, which is sourcing suitable funding from private firms and has considerable experience of building highways in developing nations. But the sheer scale of this project, one of the country’s largest since its independence,
    Read More

Highlighted Content