Australian roads budget aimed at urban stretches

The Australian Government is only allocating central funding to urban road projects in its Budget 2015. Major projects that will receive federal funding are the WestConnex motorways, urban roads around Badgerys Creek and the widening of the Pacific Highway. The Federal Government will provide US$1.2 billion (A$1.5 billion) in grant funding as well as an additional $1.6 billion (A$2 billion) loan for the WestConnex project. Meanwhile the NorthConnex project under the Pennant Hills Road in Sydney will receive
May 15, 2015 Read time: 1 min
The Australian Government is only allocating central funding to urban road projects in its Budget 2015. Major projects that will receive federal funding are the WestConnex motorways, urban roads around Badgerys Creek and the widening of the Pacific Highway. The Federal Government will provide US$1.2 billion (A$1.5 billion) in grant funding as well as an additional $1.6 billion (A$2 billion) loan for the WestConnex project. Meanwhile the NorthConnex project under the Pennant Hills Road in Sydney will receive $324 million (A$405 million). The roads in Badgerys Creek will be upgraded at a cost of $2.32 billion (A$2.9 billion).
Finance & Funding Road Structures

Related Content

  • New South Wales road spending plan
    October 21, 2020
    New South Wales is setting outs its road spending plan.
    Read More
  • Zambia plans major road infrastructure programme
    September 15, 2014
    The Zambian Government is planning a major road infrastructure programme, in a bid to boost the country’s connectivity and help continue with its economic growth. The country has established the Link Zambia 8000 project, which is being carried out in a series of phases. The first phase will include the upgrade of some 2,290km of roads and could cost in the region of US$1.5 billion to implement. The World Bank is currently evaluating plans for the second phase of the project. Funding sources have yet to be r
    Read More
  • Start of Torrens section upgrade of Adelaide’s North-South Corridor
    August 12, 2015
    Work is underway in the Australian city of Adelaide on a US$657 million upgrade of the Torrens Road to River Torrens section of the North-South Corridor. Nearly 500 workers will eventually be on site to upgrade the 3.7km section of road, of which 3km will be made into a non-stop roadway. The project includes a 2km section of non-stop lowered motorway as well as an overpass for the city’s Outer Harbour rail line. Contractors will deliver six intersection upgrades as well as improved cycling and pedestr
    Read More
  • Fourth lane for Rome section of Italy’s A1
    June 28, 2023
    Under the agreement, around 16 hectares of trees will be planted, 3.4km of noise barriers installed and a network of cycle paths will be planned.
    Read More

Highlighted Content