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.

Urban Traffic Control

Related Content

  • Auckland considers road user charging to plug funding shortfall
    October 29, 2014
    Auckland, New Zealand, faces a US$9.5 billion transport funding gap to build the fully-integrated transport network set out in the 30-year Auckland Plan that includes new roads, rail, ferries, busways, cycle-ways and supporting infrastructure needed to cope with a population set to hit 2.5 million in the next three decades. If Auckland opts to pay for the fully-integrated Auckland Plan, Auckland Council officials claim the transport network congestion is expected to improve by 20 per cent over the next 1
    Read More
  • Colombia kicks off second wave of 4G highway plan
    December 16, 2014
    Colombia has published the pre-bid documents for the first concession under the second wave of the country's US$25 billion 4G highway plan, the 202 kilometre Puerta de Hierro-Palmar de Varela highway. Located in northern Colombia, the highway runs through the departments of Sucre, Atlántico and Bolívar. The project entails US$187 million improvement works on 175 kilometres, with construction estimated to take three years, said vice president Germán Vargas Lleras. The works are to be followed by a main
    Read More
  • Brazil to invest US$16 billion in Río Olympics
    April 23, 2014
    Officials in Brazil have estimated the total cost of infrastructure and works related to the 2016 Summer Olympics in Rio de Janiero to be US$16.3, with 60 per cent of the funds coming from private investors. Some US$2.5 billion of the overall budget would be spent on projects exclusively directed to the event, Agência Brasil reports. Río de Janeiro city itself will invest US$6.3 billion in fourteen projects, including light rail transit and bus rapid transit projects, as well as drainage works in the
    Read More
  • Algiers metro line 1 extension enters service
    July 7, 2015
    RATP Dev, via its subsidiary RATP El Djazaïr, has launched the Algiers metro line 1 extension, which it hopes will facilitate mobility in the greater Algiers region. The 12 kilometre line, which boasts 14 trains with six air-conditioned carriages, has three new stations and now connects the former Haï El Badr terminus to the El Harrach Centre station in the south-east of the city. The extension will eventually feature four new stations when the El Harrach station opens. Passenger numbers have risen e
    Read More

Highlighted Content