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

  • Russia's high speed toll link - aims and opportunities
    July 31, 2012
    Construction of a new toll link between the Russian capital of Moscow and the country's second-largest city, the port of St Petersburg, is due to start in 2012. Here, ITS International takes look at the project to date and the opportunities for foreign companies to get involved. The construction of a new toll link between the Russian capital Moscow and the country's second-largest city St Petersburg has a number of aims. It will lead to the creation of a high-speed vehicular link between the two which will
  • London to benefit from major roads programme
    March 4, 2014
    Dozens of locations across the UK capital are set to be transformed in a US$6.7 billion programme as part of the largest investment in the capital’s road and street network in a generation. In response to the recommendations of the Mayor’s Roads Task Force, a total of 50 projects are now underway. Alongside the transformation of 33 of London’s biggest and nastiest road junctions announced last week as part of the Mayor’s cycling programme, there will also be more than US$334 million of additional far-re
  • Middle East Looks to road charging for congestion relief
    January 26, 2012
    On the eve of the Gulf Traffic show in Dubai, ITS Arab secretary general and Innova Consulting managing director Zeina Nazer reviews prospects for road user charging in the Middle East and North Africa
  • US traffic fatalities fall in 2014, but early estimates show 2015 trending higher
    December 22, 2015
    The US saw a slight decline in traffic deaths during 2014, according to the Department of Transportation's National Highway Traffic Safety Administration (NHTSA). However, an increase in estimated fatalities during the first six months of this year reveals a need to reinvigorate the fight against deadly behaviour on America's roads, NHSA says.