Extra $8.5 Billion For National Road & Rail Infrastructure |
|
|
|
| Written by Marc Pallisco | |||
| Wednesday, 13 May 2009 21:21 | |||
|
THE FEDERAL Government will spend almost $8.5 billion on certain infrastructure projects, but has left the future of other infrastructure projects on ice. The Building Australia Fund - worth $20 billion last year, but just $12.7 billion - will fund the development of a $3.2 billion dual track train station between Werribee South, and the CBD, in Melbourne. The Hunter Expressway in northern Sydney, and additional works to the Ipswich Motorway, are also projects set to proceed. However other projects, such as the Frankston Bypass freeway in Melbourne, did not receive government funding. It is increasingly becoming speculated this freeway will be tolled. The $8.5 billion allocated to these infrastructure projects, a list of which is below, is part of a wider $22 billion infrastructure package that also includes communications, clean energy, education and health infrastructure. The National Building Program replaces the Howard Government's AusLink, which helped the states deliver big projects quicker. Wayne Swann has also identified six priority projects, for consideration in coming years. These include the $8.1 billion West Metro proposal in Sydney, and Brisbane's proposed inner-city rail network, which is expected to need $20 million. For now, and from the 2009 Budget, the road and rail infrastructure projects on the table are: Regional Rail Express (Victoria) $3.225 billion
|
Quick Post



