Historic budget for Australia’s NSW roads, maritime and freight

New South Wales Minister for Roads, Maritime and Freight Duncan Gay has announced an historic US$5.8 billion investment in this year’s budget to support the huge infrastructure program currently underway to build and upgrade critical road, maritime and freight networks. Budget highlights include US$3.1 billion for regional NSW including US$1.5 billion to continue fast tracking major upgrades of key regional highways, US$1.3 billion to build a world class motorway for Sydney and US$139 million towards easing
June 24, 2015 Read time: 2 mins

New South Wales Minister for Roads, Maritime and Freight Duncan Gay has announced an historic US$5.8 billion investment in this year’s budget to support the huge infrastructure program currently underway to build and upgrade critical road, maritime and freight networks.

Budget highlights include US$3.1 billion for regional NSW including US$1.5 billion to continue fast tracking major upgrades of key regional highways, US$1.3 billion to build a world class motorway for Sydney and US$139 million towards easing city congestion.

Announcing the budget, Gay said, “Today’s announcement brings the overall funding commitment in this portfolio since March 2011 to US$21.3 billion – the largest series of investments in the state’s history.”

“Not only are we well advanced in delivering the biggest infrastructure program in the state’s history, we’re also investing record levels – US$1.2 billion this financial year alone – to repair and maintain existing road and maritime assets,” Gay said.

Urban Traffic Control

Related Content

  • Government traffic statistics ‘highlight a growing issue in the UK’
    August 12, 2016
    The UK Department for Transport has issued its provisional estimates of road traffic in Great Britain for the year ending June 2016 by vehicle type and road class. These show that motor vehicle traffic was at a record high with 319.3 billion vehicle miles travelled, at 1.5 per cent higher than the previous year and 1.6 per cent higher than September 2007). Rolling annual motor vehicle traffic has now increased each quarter in succession for three years. Compared to the previous year, all road class
    Read More
  • Analysis reveals increase in UK government infrastructure and construction pipeline
    December 9, 2016
    Analysis by KPMG has revealed a US$49 billion (£38.9 billion) jump in the value of the UK Government infrastructure and construction pipeline since March 2016. It also revealed that 60 per cent of the US$633.8 billion (£502.3 billion) in pipeline value is predicted to be spent by 2020. The report, National Infrastructure and Construction Pipeline – KPMG Analysis, reflects a total allocated value of US$633.8 billion (£502.3 billion), from US$584.6 billion (£463.4 billion) in March 2016. It highlights t
    Read More
  • ITS investment on upward curve
    August 17, 2022
    More money is coming into the ITS sector – but where is it likely to go next? And what are the pros and cons of all this cash? Adam Hill talks to ITS veteran and corporate investment adviser Greg McKhann
    Read More
  • Reducing injuries and deaths in US workzones shouldn’t be this complicated
    April 17, 2023
    In National Work Zone Awareness Week, surely the least we can do is to help get road workers home safely at the end of the day, says One.network's boss
    Read More

Highlighted Content