NSW budget targets infrastructure
New South Wales (NSW) in Australia is to invest AU$5bn (£3.2bn) in roads and maritime infrastructure as part of the 2012-13 state budget.
“This year’s budget includes a significant investment aimed at tackling congestion in our busy city areas and improving our rural and regional network with major commitments to the Pacific, Princes, Hume and Great Western highways,” said NSW roads and ports minister Duncan Gay.
The budget includes AU$2.2bn for new roads, AU$1.3bn for maintenance of the State’s existing roads, AU$311m for improvements to the traffic network, AU$270m for road safety and AU$17m for commuter wharf upgrades.
Plans include a commitment to put AU$941m towards duplicating the Pacific Highway and AU$30m towards building Sydney’s missing motorway link.
Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News, Contract News & Supplier News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.
This article was published on 14/06/2012 (last updated on 14/06/2012).