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

  • Innovative reinforcement for weak roads
    May 9, 2012
    An innovative solution was put forward to support slip roads on a Dutch motorway. Patrick Smith reports. The 2010 opening of the A7 motorway extension on the southern ring road of the city of Sneek, The Netherlands, brings an end to local traffic misery. By using innovative Tensar Geocell Foundation Mattress technology over weak estuarine clay, MNO-Vervat Noord, the main contractor, constructed a key junction and its slip roads in weeks instead of months, with considerable cost savings.
    Read More
  • Innovative reinforcement for weak roads
    April 10, 2012
    An innovative solution was put forward to support slip roads on a Dutch motorway. Patrick Smith reports The 2010 opening of the A7 motorway extension on the southern ring road of the city of Sneek, The Netherlands, brings an end to local traffic misery. By using innovative Tensar Geocell Foundation Mattress technology over weak estuarine clay, MNO-Vervat Noord, the main contractor, constructed a key junction and its slip roads in weeks instead of months, with considerable cost savings. The conversion
    Read More
  • Vietnam province to spend US$2.77bn on transport infrastructure over next 8 years
    April 24, 2012
    Long An province in Vietnam will see US$2.77billion spent on constructing and improving its inner waterway and road infrastructure over the next eight years. The provincial peoples’ committee (PPC) revealed that the major capital project will include the construction of bridges and roads linking central areas and towns. The new roads will stretch around 400km and new dredge waterways will span 600km on the Chanh, Thu Thua, Bac Dong and Tra Cu canals by 2015. Small wharves and Long An Port will also be estab
    Read More
  • Intermat Middle East positions itself for growth
    October 17, 2012
    As the United Arab Emirates gears up to invest more than US $4.6 billion (UAE Dirham 17 billion) in its nationwide road network in the next few years, the second annual INTERMAT Middle East show has taken place in Abu Dhabi with suppliers like AAA Cranes, Miller UK, Kanoo, Liebherr, Sennebogen, WireCo World, Erkat, Terex Finlay, Atlas Copco, , ELSA SRL, Robit Rock Tools, Ramtec Robi, Scheuerle Fahrzeugfabrik, T.G.S – The Grab Specialist, BV Beco, Techking Tires, Blastrac, SK Solutions, Xcentric Internationa
    Read More

Highlighted Content