Sydney’s massive transport project

The proposed Western Harbour Tunnel and Beaches Link project in Sydney, Australia is coming in for renewed focus. Financing institutions are being invited by the New South Wales State Government to enter discussions over providing backing for the project. The new route will be one of the largest motorway construction projects for Australia should it get the go ahead. The work could cost US$9.9 billion (A$14 billion).
July 23, 2019 Read time: 1 min

The proposed Western Harbour Tunnel and Beaches Link project in Sydney, Australia is coming in for renewed focus. Financing institutions are being invited by the New South Wales State Government to enter discussions over providing backing for the project. The new route will be one of the largest motorway construction projects for Australia should it get the go ahead. The work could cost US$9.9 billion (A$14 billion).

Finance & Funding

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New South Wales Premier Barry O'Farrell has given the go-ahead for the US$10.92 billion (AUD 11.5 billion) Westconnex motorway project in Sydney, Australia. A total of $1.4 billion (AUD 1.5 billion) has been pledged by Prime Minister Tony Abbott over four years, while $1.68 billion (AUD 1.8 billion) has been committed by the state government. The private sector will channel the remaining fund through tolls. A toll for using the 33km motorway will be reportedly capped at $7.21 (AUD 7.70). With its constru
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