Australian mega-project facing scrutiny

Construction of the WestConnex project in New South Wales, Australia is facing criticism over a lack of accountability over the work. The US$11.85 billion (A$16.8 billion) project is intended to improve transport in and around the city of Sydney and involves building a 33km tolled motorway. The work is costly and complex, with much of the route being built in tunnels and this is Australia’s largest road project. However criticism has been levelled at the state government for not considering a number of opti
January 18, 2019 Read time: 1 min

Construction of the WestConnex project in New South Wales, Australia is facing criticism over a lack of accountability over the work. The US$11.85 billion (A$16.8 billion) project is intended to improve transport in and around the city of Sydney and involves building a 33km tolled motorway. The work is costly and complex, with much of the route being built in tunnels and this is Australia’s largest road project. However criticism has been levelled at the state government for not considering a number of options to the project. There have been some calls for the last section of the work to be cancelled.

Finance & Funding

Related Content

December 19, 2018

Australia road and tunnel project faces questions

Uncomfortable questions are being asked about Australia’s WestConnex toll road project. An inquiry carried out by the New South Wales Parliament says that the transparency of the US$11.85 billion (A$16.8 billion) project has not been satisfactory. Questions have been asked about the operation of the Sydney Motorway Corporation, with regard to its accountability and disclosure methods. Questions have also been asked about the cost of the new highway stretch linking with Sydney’s international airport. The 3
November 24, 2015

Australia highway projects being planned

Key highway projects are progressing in Australia. In the state of Victoria, the authorities are planning a road widening project for the Monash Freeway that will cost an estimated US$289.54 million (A$400 million). The project calls for the route to be widened to five lanes in either direction for the stretch between the EastLink and the South Gippsland Highway.
June 19, 2015

New South Wales is seeking financial packers for WestConnex in Sydney

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
boombox1

Highlighted Content

boombox2