Australia’s Northern Territories budgets for infrastructure, transport

Health, education and infrastructure have received more than US$2.9 billion (AU$4 billion) in the 2016-17 budget released by the Northern Territory Government in Australia. Transport Minister Peter Chandler said “infrastructure is a high priority for the Northern Territory Government and roads, in particular, are of great importance to business, industry and the community in the Northern Territory. A total of AU$1.7 billion has been allocated to infrastructure with US$425.85 million (AU$589.6 million)
May 27, 2016 Read time: 2 mins
Health, education and infrastructure have received more than US$2.9 billion (AU$4 billion) in the 2016-17 budget released by the Northern Territory Government in Australia.

Transport Minister Peter Chandler said “infrastructure is a high priority for the Northern Territory Government and roads, in particular, are of great importance to business, industry and the community in the Northern Territory.

A total of AU$1.7 billion has been allocated to infrastructure with US$425.85 million (AU$589.6 million) to be invested in roads and transport, including US$358million (AU$495.9 million) for capital works, US$7 million (AU$10 million) to continue the Regional Economic Infrastructure Fund Grants and US$1.6 million (AU$2.25 million) for infrastructure related expenses to plan for the future transport needs.

A total of US$14 million (AU$19.4 million) has been allocated to new investment in transport, with US$10 million (AU $14.2 million) to be spent on capital works and US$3.7 million (AU$5.2 million) on minor new works.

Chandler continued, “We all know that without reliable roads, efficient ports, good rail services and effective logistics infrastructure, we cannot sustain business activity, attract new investment, or expand our industries – all essential for growing the Territory’s economy.”

Related Content

  • October 27, 2016
    ITS Australia supports funding proposal for industry research
    ITS Australia has welcomed the transport industry’s final application to the Federal Government’s US$498 million (AU$653 million) Cooperative Research Centres (CRC) Program, which has been established to solve industry identified challenges through outcome-focused collaborative research partnerships. ITS Australia, the national body for the intelligent transport systems (ITS) industry, is a consortium member of iMOVE CRC, one of seven shortlisted applicants. With a focus on developing substantial imp
    Read More
  • August 26, 2014
    South Africa to revamp transport infrastructure
    South Africa is to invest over US$6.5 billion in the country’s transport infrastructure in a bid to reduce road deaths. Transport Minister Dipuo Peters said that commuter rail infrastructure, identified as the safest mode of transport, will receive the lion’s share of the allocation as her ministry pushes to shift passengers from cars to into railway stations. To achieve this target, Peters said US$5.1 billion will be spent on commuter rail infrastructure and new rolling stock over the next three years.
    Read More
  • August 7, 2015
    Infrastructure projects to drive the construction industry in Norway
    According to a recent report by Timetric’s Construction Intelligence Center (CIC), Norway’s construction industry will continue to expand over the coming five years, with investment in transport infrastructure projects continuing to drive growth. Under the government’s fourth National Transport Plan (NTP) 2014–2023, a series of infrastructure projects will be launched with an investment of around US$86.5 billion. The Norwegian Ministry of Transport and Communications has proposed total investment in th
    Read More
  • April 23, 2021
    US infrastructure: once in a lifetime
    Expectations are sky-high for Amtrak Joe and Mayor Pete as they use infrastructure spending to rebuild the US economy post-Covid – and ITS firms should be able to get a share...
    Read More

Highlighted Content