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

  • SCATS study shows significant savings
    December 16, 2013
    Australian study quantifies the benefits of SCATS to the motorists, the environment and the economy. Opportunity weekday cost savings potential of some AUD16 million (US$15.2 million) has emerged from rigorous analysis of a one-day study of Australia’s Sydney Coordinated Adaptive Traffic System (SCATS) in operation. This represents 27% of the total cost of a real alternative semi-adaptive traffic control. The estimated indicative annual weekday-based value is AUD3,900 million (US$3,705 million) or 0.9% of t
    Read More
  • EU regions urge adequate funding for sustainable transport
    April 21, 2015
    The European Committee of the Regions (CoR) is concerned by the lack of investment by the EU in the transport sector. According to regions and cities, very little progress has been made also in integrating the European transport market in the last four years. These concerns were debated by CoR members at the 16 April plenary session, which saw the adoption of the opinion on the implementation of the 2011 European Commission White Paper on Transport, aiming to create a single European transport area. The
    Read More
  • Caribbean seeks roads resilience
    June 9, 2022
    IRF Global Congress in the region focuses on transport safety and effect of climate change
    Read More
  • Construction begins on $1 billion I-95 Express Lanes in Northern Virginia
    August 8, 2012
    Surrounded by elected officials, transportation engineers, and dignitaries, Virginia Governor Bob McDonnell held a groundbreaking ceremony yesterday to begin construction of the I-95 Express Lanes in Northern Virginia. The project will build 29 miles (46.7kms) of express lanes on I-95 from Garrisonville Road in Stafford County to Edsall Road in Fairfax County, and will connect the I-95 Express Lanes to the I-495 Express Lanes currently under construction to provide a seamless network of new lanes to reduce
    Read More

Highlighted Content