New South Wales budget ‘builds for the future’

Australia’s New South Wales Government has committed US$55 billion (A$72.7 billion) over the next four years to infrastructure investments, including US$31 billion (A$41.4 billion) for roads and transport.
June 22, 2017 Read time: 2 mins

Australia’s New South Wales Government has committed US$55 billion (A$72.7 billion) over the next four years to infrastructure investments, including US$31 billion (A$41.4 billion) for roads and transport.

This includes major investment in road and public transport projects across the state: US$5.4 billion (A$7.2 billion) for the third stage of WestConnex motorway project, including the M4-M5 link, as well as investment in the Pacific Highway upgrade.

There is also funding for investment in road upgrades to support Western Sydney airport at Badgerys Creek, as well as the Regional Road Freight Corridor program to create safer, more efficient road freight corridors. US$199 million (A$264 million will be spent across four years to reduce congestion on Sydney roads by addressing critical pinch points and commencing the implementation of the Smart Motorways program on the M4 Motorway.

The budget also includes funding for public transport infrastructure and services, while the ‘More Trains, More Services’ program includes US$500 million (A$658 million) for 24 new air-conditioned suburban trains and extra services across the train network.

More than US$2 million (A$2.8 billion) will go to the Sydney Metro Northwest and City and Southwest program, which will have the capacity to move 40,000 people around the city an hour. A further US$1 billion (A$1.4 billion will be invested in maintaining the Sydney Trains network, along with  US$19 million (A $25 million) invested in planning and early work for Parramatta Light Rail, and US7.5 million (A$10 million) towards new Parramatta to Sydney CBD ferries.

Treasurer Dominic Perrottet said the Government’s economic and financial management, and successful reform agenda, meant it could deliver world-class infrastructure and services today, while also building for an even brighter future.

Urban Traffic Control

Related Content

  • Colombian government releases funds for road concessions
    September 25, 2013
    The Colombian government is to release funds of US$12.27 billion from the national budget for the Autopistas de la Prosperidad road programme, involving nine road concessions. Concession holders will invest US$7.4 billion into these projects; since monies from tolls will be insufficient to complete all works, the government will inject further funds of US$23.2 billion over the next decade. Ministers have stressed the importance of this road infrastructure and the need to speed up the process. This news
    Read More
  • Personal Rapid Transit, clear benefits for European cities
    July 26, 2012
    David Crawford watches the race to get the world's first PRT system up and running. To paraphrase the old joke about buses bunching, you seem to have to wait several decades for a Personal Rapid Transit (PRT) system, and then half a dozen come along together. Currently, in fact, there are well over that number of schemes for driverless electric passenger-carrying 'pod' networks at various stages of planning, design and implementation around the world. Locations range from a straight-off-the-drawing board ne
    Read More
  • EU releases first transport infrastructure funds
    April 8, 2014
    Following its decision in March to make the first US$16.4 billion tranche of funding available for trans-European transport network projects, the European commission has now adopted the first work programmes within this framework: a multi-annual work programme covering larger projects with a total budget of US$15.1 billion and an annual work programme for 2014 addressing smaller projects with a budget of US1.3 billion. The funding priorities set out in these programmes include: The closing of missing lin
    Read More
  • South Africa's traffic management and enforcement gears up
    February 1, 2012
    Paul Vorster, CEO of ITS South Africa, takes a look at the national enforcement situation in the year when the country gears up to host the FIFA Soccer World Cup. There are four main drivers pushing the growth of ITS-related law enforcement within South Africa. These are: transport operations associated with hosting the FIFA Soccer World Cup 2010; traffic management linked to increasing congestion; the development of new public transport systems such as BRT; and vehicle and driver-related crime.
    Read More

Highlighted Content