The Australian Government is announcing plans to invest A$24 billion (US$23.73 billion) in transport infrastructure across the country. This will form the second part of the country’s five-year Nation Building Plan (NBP). The investment will be used to improve roads, railways and ports between 2014/2015 and 2018/2019.
One stage of the NBP will involve spending A$525 million to upgrade and widen the M80 Ring Road in New South Wales (882 NSW) in a project that will include installing the latest traffic management technology. And in the 2013/2014 period, NSW will receive A$1.7 billion overall to upgrade its highways
Some A$718 million will be used to widen the Gateway Motorway in Queensland capital Brisbane. The Midland Highway projects in Tasmania will be upgraded over a 10 year period and the work is projected to cost A$500 million. The State Governments of Western Australia (WA), Queensland and Victoria will receive A$623 million, A$1.2 billion and A$1.5 billion respectively to upgrade roads.
Work on the WA stretch of the Perth-Darwin highway will benefit from A$400 million (US$395.5 million) from the Federal Government. The State Government of Western Australia will speed up the start time for the work with an initial payment of A$25 million. Some A$196 million has been committed by the WA State Government for the highway project, with 50% of the funds required to come from federal sources. The new highway section will divert northbound heavy traffic from WA’s wine-growing and tourism area of Swan Valley. Meanwhile in South Australia, A$448 million (US$443 million) will be used to upgrade the South Road in Adelaide.
One stage of the NBP will involve spending A$525 million to upgrade and widen the M80 Ring Road in New South Wales (
Some A$718 million will be used to widen the Gateway Motorway in Queensland capital Brisbane. The Midland Highway projects in Tasmania will be upgraded over a 10 year period and the work is projected to cost A$500 million. The State Governments of Western Australia (WA), Queensland and Victoria will receive A$623 million, A$1.2 billion and A$1.5 billion respectively to upgrade roads.
Work on the WA stretch of the Perth-Darwin highway will benefit from A$400 million (US$395.5 million) from the Federal Government. The State Government of Western Australia will speed up the start time for the work with an initial payment of A$25 million. Some A$196 million has been committed by the WA State Government for the highway project, with 50% of the funds required to come from federal sources. The new highway section will divert northbound heavy traffic from WA’s wine-growing and tourism area of Swan Valley. Meanwhile in South Australia, A$448 million (US$443 million) will be used to upgrade the South Road in Adelaide.
