Sydney airport link over budget?

Concern is being expressed in Australia over the cost of the new highway connecting Sydney International Airport with the city. The M12 highway project was originally expected to cost US$881.65 million (A$1.25 million). However some reports suggest that the work may now cost as much as $973.34 million (A$1.38 billion). New solutions are being sought in a bid to reduce the cost of the project. Additional financing solutions are also being looked into for the work, including revised tolling options.
January 25, 2019 Read time: 1 min
Concern is being expressed in Australia over the cost of the new highway connecting Sydney International Airport with the city. The M12 highway project was originally expected to cost US$881.65 million (A$1.25 million). However some reports suggest that the work may now cost as much as $973.34 million (A$1.38 billion). New solutions are being sought in a bid to reduce the cost of the project. Additional financing solutions are also being looked into for the work, including revised tolling options.
Finance & Funding

Related Content

  • Scotland’s new Queensferry Crossing over the Forth Estuary
    December 23, 2015
    The new Queensferry Crossing under construction in Scotland will be the third landmark bridge spanning the Forth Estuary - Mike Woof writes When the new Queensferry Crossing over the Forth Estuary opens at the end of 2016, it will be the third landmark bridge to be built spanning this short stretch of water. Lying alongside the existing road bridge and the historic rail bridge, this new structure will be as groundbreaking as the two earlier crossings were at the time of their construction.
    Read More
  • Last section of Osman Gazi Bridge lifted into place over Izmit Gulf
    May 4, 2016
    The last section of the 3km İzmit Bay Bridge – now officially the Osman Gazi Bridge - was lifted into place on April 21, according to Turkish media. When open later this summer, the bridge will cut the 70-minute drive around İzmit Gulf, on the Sea of Marmara, to just six minutes.
    Read More
  • New South Wales backpedals over WestConnex cycling bridge
    April 30, 2019
    Controversy has again hit Australia’s WestConnex project in Sydney with media reports the a planned cycle and pedestrian bridge is to be axed. In its place will be a new raised flyover running through the residential and parkland area, according to a report in The Age newspaper. The Pedestrian and Cycling Green Link was part of the original planning permission for the US$11.85 billion WestConnex project and was to rise above parts of the surface motorway in Rozelle and Lilyfield neighbourhoods. The
    Read More
  • Making the U-turn
    August 2, 2012
    Political hostility to a toll road project in Australia has been turned around by the quality and amenity of the project writes Adrian Greeman Cars, trucks and vans were taking to the new EastLink toll road in Melbourne with enthusiasm this July, pleased to try out its 39km route for time and cost savings. As well as the convenience of the uncongested route, drivers were also able to view an extraordinary multi-shaded perspective of transparent green and orange noise wall panels, burnt earth-coloured retai
    Read More

Highlighted Content