Skip to main content

NSW commits major funds to roads and maritime in 2013-2014 state budget

The New South Wales (NSW) Government will invest US$4.7 billion to build and maintain critical road and maritime infrastructure across the state in the 2013-2014 state budget, providing for new roads infrastructure, maintenance and road safety. Roads minister Duncan Gay says this new infrastructure fund, Restart NSW, will support the WestConnex Motorway, WestConnex enabling works in the Port Botany and Sydney Airport Precinct, the Pacific and Princes highways, Bridges for the Bush, and addressing congestion
June 20, 2013 Read time: 2 mins

The New South Wales (NSW) Government will invest US$4.7 billion to build and maintain critical road and maritime infrastructure across the state in the 2013-2014 state budget, providing for new roads infrastructure, maintenance and road safety.

Roads minister Duncan Gay says this new infrastructure fund, Restart NSW, will support the WestConnex Motorway, WestConnex enabling works in the Port Botany and Sydney Airport Precinct, the Pacific and Princes highways, Bridges for the Bush, and addressing congestion pinch points in Sydney.

As part of a US$920 million investment in the Pacific Highway, US$202 million has been allocated to continue work on the dual carriage, 17-kilometre upgrade of the highway north of Ballina.

To the south of the state, US$106 million has been allocated to continue work on the Princes Highway Gerringong upgrade.

Around US$2.5 billion of Restart NSW funding is to be committed to growing and improving the state’s road network over the next four years, with US$509 million to be spent in 2013/14.

The Government has committed US$1.7 billion over four years from Restart NSW to finance the WestConnex project, destined to be the largest urban transport project in NSW history, with US$102 million committed in 2013-14 to get work under way on the 33 km motorway.  Under the financing model confirmed in the Budget announcements, the Government will fund the initial sections of the motorway. Private sector capital will then be raised against tolls to fund the next phase of motorway construction.

Major investments in transport include: US$741 million for the ongoing delivery of the north west rail link; US$325 million to continue progress of the south west rail link; US$289 million for the Northern Sydney freight corridor program; and funds to complete the Inner West Light Rail Extension, the new Central Business District and South East light rail linking the and the progression of the Wynyard Walk fully accessible pedestrian link.

Related Content

  • AfDB support for Rwanda transport sector support project
    November 25, 2014
    The African Development Bank (AfDB) has approved a US$74.47-million loan to finance the first phase of Rwanda’s Transport Sector Support Project, to support the country’s need to improve its transportation services. The project involves upgrading 51.54 kilometres of the Base-Rukomo road along the Base-Gicumbi-Rukomo-Nyagatare axis. The project aims to contribute to socio-economic development, to improve standards of living and regional integration through an improved and sustainable transport system tha
  • Massachusetts DOT unveils five-year transportation plan
    January 14, 2014
    The Massachusetts Department of Transportation (MassDOT) has released the first draft of its five-year MassDOT Capital Investment Plan (CIP) for FY2014-FY2018. The US$12.4 billion program makes long-term investments and represents the first unified, multi-modal capital investment plan covering all MassDOT highway and municipal projects, regional airports, rail and transit, including the MBTA and Regional Transit Authorities. The proposal, which must be approved the state's Department of Transportation
  • Growing passenger numbers, fare rises for UK rail
    December 16, 2014
    According to Rail Travel, a new market report from business intelligence provider Key Note, in 2013/2014 the total value of passenger receipts for UK rail travel increased by 6.2 per cent year-on-year, and grew by 32.5 per cent over a five-year period. In addition, passenger journeys grew by 23.5 per cent over the five-year review period, with passenger kilometres travelled also growing by 17.9 per cent over the same timeframe. For the purpose of this report, the rail industry in the UK has been split in
  • Report: Priority funding for rail projects drives investments in Turkey
    January 22, 2015
    Turkish railways have undergone a complete overhaul due to significant investments over the last five years. In the majority of rail projects currently under way, investment is directed towards the construction of new high-speed rail (HSR) lines, electrification, extensions and upgrading of existing infrastructure. With u$18 billion allocated for the rail sector as part of the Turkey Vision 2023 plan, the country is expected to have a total conventional rail network length of 25,940 kilometres and a HSR net