Skip to main content

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.

Related Content

  • Cubic completes Sydney Opal Card rollout early
    December 12, 2014
    Cubic Transportation Systems has completed the roll out of Sydney’s Opal contactless smartcard ticketing system across all transport modes and connecting multiple operators and commenced operation and maintenance of the Opal system under the ten-year services agreement that is part of the original contract. The contract to build the new electronic ticketing system (ETS) – later branded as the Opal Card – was awarded to the Cubic-led Pearl consortium in 2010.
  • Latest round of TIGER funding announced
    August 1, 2016
    Nearly US$500 million will be made available for transportation projects across the US in the eighth round of the highly successful and competitive Transportation Investment Generating Economic Recovery (TIGER) grant program. Announcing the funding, US Transportation Secretary Anthony Foxx highlight how this will improve safety and economic opportunity in two US territories, 32 states and 40 communities across the country. This year’s TIGER awards include US$19 million to Pittsburgh, Pennsylvania fo
  • Freeway management for Sydney’s M4
    December 3, 2012
    In a bid to improve Sydney’s roads and congestion, Australia’s Federal and New South Wales governments are to jointly fund a project to equip the full length of the state’s M4 motorway with technology to improve traffic flows and ease congestion along this vital part of Sydney’s road network.The US$17 million project will provide the M4 with an electronic freeway management system consisting of variable speed and message signs, entry ramp signalling, CCTV and digital traveller information signs. Transport m
  • ITS America applauds latest TIGER grants
    October 30, 2015
    US Transportation Secretary Anthony Foxx has announced US$500 million in TIGER (Transportation Investment Generating Economic Recovery) 2015 grants for 39 transportation projects in 34 states, some projects spanning several states. In selecting projects, Foxx prioritised the extent to which the proposed project strengthens access to opportunities through transportation improvements.