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

  • Michigan mobility to be shared in Melbourne
    August 12, 2016
    The latest executive speaker at the 23rd World Congress on Intelligent Transport Systems (ITS) in Melbourne in October has been announced as Kirk Steudle, director of the Michigan Department of Transportation (MDOT). Responsible for Michigan's near 10,000 mile state highway system and 4,000 state highway bridges Steudle will speak at the Mobility as a Service session, on Friday 14 October in the Melbourne Convention and Exhibition Centre. Steudle brings a wealth of career knowledge spanning 40 years a
    Read More
  • Funding approved for US Ohio River Bridges Project
    December 19, 2013
    US Transportation Secretary Anthony Foxx has announced a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for US$452 million to finance the Downtown Crossing section of the Louisville and Southern Indiana Ohio River Bridges Project. The cost of the Downtown Crossing, which Kentucky is funding, is around US$1.3 billion, and represents one half of the bi-state Ohio River Bridges project, which also includes the new East End Bridge, also spanning the Ohio River eight miles to the north
    Read More
  • Ukraine, Poland ‘boast the most modernised infrastructure in eastern Europe’
    November 13, 2012
    Preparations for hosting the major sporting event, the Euro 2012 European football championship, enabled Ukraine and Poland to give their infrastructure the biggest facelift in the region and beyond. While three-quarters of Poland's expenditure was covered by EU funds, Ukraine financed the building of roads, hotels, and airports itself. Ukraine, however, did receive a EUR 2.2 billion loan from the European Bank for Reconstruction and Development (EBRD). "The infrastructure sector will definitely remain one
    Read More
  • NSW university launches high-tech safety study
    April 16, 2013
    Road experts led by Australia’s University of New South Wales (NSW) professor Mike Regan are to conduct what is said to be the most thorough traffic safety study in Australian history. Cameras inside and outside cars will film 400 volunteers in Victoria and New South Wales in an effort to analyse the cause of crashes and change driver education and road safety campaigns. The cameras will record how drivers behaved and reacted in ''real world'' situations. John Wall, manager of road safety technology with N
    Read More

Highlighted Content