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

  • Lima's massive $2 billion airport project
    March 4, 2025
    Peru’s capital, Lima, is to benefit from a massive new international airport, which will be one of the largest in Latin America – Mike Woof writes
    Read More
  • Washington State toll route planned
    October 4, 2022
    A new toll route is planned for Washington State.
    Read More
  • Colombia road and tunnel connection to Medellin Airport
    September 13, 2017
    Work is well underway on a new road and tunnel project, which will provide an improved connection between the Colombian city of Medellin and its airport. The new link will measure 24km long in all and the construction work is expected to cost over US$342 million, with completion due at the end of 2018. The project is known overall as the Oriente Tunnel, with the work being carried out as a concession by Concesion Tunel Aburrá-Oriente. The project comprises four sections in all. These are the 786m Seminario
    Read More
  • New bridge and highway projects proposed in Philippines
    August 21, 2014
    In the Philippines plans are being developed for a new bridge link connecting Samal Island to Mindanao. The project has been proposed by the local government for Davao del Norte Province. Meanwhile a series of bridge and road projects are being put forward in a bid to develop the tourist trade in the Philippines. The bridge from the Island garden city of Samal would connect with the city of Davao on Mindanao, providing a link to the Francisco Bangoy International Airport. The PPP project looks likely to cos
    Read More

Highlighted Content