Skip to main content

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).

Related Content

  • Brazil plans to rebuild urban roads under PAC programme
    September 24, 2014
    Urban road in Brazil are to benefit from additional funds for repairs and repaving. An increase of some US$1.35 billion in financing for the country’s accelerated growth programme (PAC) has been approved by the Brazilian Government. The increase in funding has been required as the budget set previously was insufficient for all the planned works.
  • Key highway projects planned for Indonesia
    September 11, 2015
    Major highway projects are commencing in Indonesia at present. One of the most important is for the Trans-Papua Highway. Work on this is being carried out by the Papua and West Papua Highway Centre. The new highway will be able to link key urban areas including Wondama, Sorong, Manokwari and Enarotali in Pania, Elelim, Jayapura, Ilu, Sinak and Karubaga in Tolikara, Ilaga, Sugapa, Bioga, Nabire and Mulia in Pucak Jaya. Some 827km of the 4,325km highway will pass through jungle area. The construction team has
  • EU TEN-T programme to fund study for Sweden-Denmark road upgrade
    January 19, 2015
    The European Union's TEN-T programme has allocated US$1.15 million for studies to upgrade for the last remaining section on the main motorway connecting Sweden and Denmark. The 30km section, bypassing Ljungby in southern Sweden, is expected to increase driver safety, cut down on accidents and reduce travel time. Widening the road to motorway standard will eliminate a bottleneck, but the study will also consider ground protection and noise reduction measures. The studies will come up with an Environmen
  • Loans will help fund Kazakhstan road project
    May 16, 2013
    The International Bank for Reconstruction and Development (IBRD) is providing an infrastructure loan that will help fund a key road project in Kazakhstan. A major portion of this funding will be used to construct a key 79.5km portion of the new international transit corridor connecting Western Europe with Western China. The US$1.07 billion funding package is being provided by the IBRD for 19 years with a five-year grace period and the deal was agreed between the IBRD and the Kazakhstan Government. Further