Sydney Gateway project on track

Investment bank Goldman Sachs will soon be sending out expressions of interest for backers to finance Australia’s biggest road deal, the three-stage WestConnex project to be rollout by the New South Wales government. According to a report by The Australian newspaper, initially around US$1.17 billion will be needed for the first phase of the Sydney toll road project. The first phase will likely cost between nearly $2.35 billion and $3.9 billion. Total cost of all three phases over 10 years could be as

The tender process is opening for a new road link to connect with Sydney International Airport in Australia’s New South Wales State. Called the ‘Sydney Gateway Project’ the new road link is expected to cost in the region of US$1.55 billion (A$2.2 billion) to build. The new route would improve transport connections between Paramatta, on the city’s western side, and the airport, located to the east. Building the new road connection is expected to help lower peak time congestion and journey times for drivers.

The design work for a major Australian project has been awarded.

Adelaide will benefit from a major road project that will cut congestion.