Through the WestInvest fund, the New South Wales Government is investing $1 billion to upgrade critical roads across the region, providing a major boost to Western Sydney.
This significant investment will back the people of Western Sydney by providing a road network that will keep people moving while relieving congestion and improving flood resilience.
“Western Sydney is booming and we are making sure that families who live across this fast growing region have the very best roads and infrastructure to keep them moving.
“This $1 billion investment in critical upgrades to major roads across the region is a game changer and will make sure that Western Sydney continues to grow and thrive.
“We are backing Western Sydney communities by making their roads safer, making sure they spend less time and getting tradies and other business to where they need to go quicker,” Premier Dominic Perrottet said.
This new investment is part of the State Government’s long-term economic plan for Western Sydney that also includes a targeted cost of living measures such as toll relief, $16 billion for critical transport infrastructure, over $480 million on local hospitals and health services as well as the construction of new schools.
The $1 billion funding commitment was made possible due to the State Government’s strong economic management.
“This investment will not only ensure people get to spend more time with family and friends instead of in traffic, but it will significantly improve the safety profile of these critical corridors.
“The increase productivity which results from these road improvements will inject millions of dollars into the state’s economy which benefits every single person across NSW,” Treasurer Matt Kean said.
This funding will support several critical road projects across 15 Local Government Areas, including:
“We are working towards widening Garfield Road East to a four-lane divided road, providing a flood evacuation route with increased capacity as well as a better connection to the communities of Marsden Park, Box Hill, Richmond, Schofields and Rouse Hill.
“The Pitt Town Bypass is also a project the community has been calling for so I’m incredibly pleased we can deliver it, significantly increasing the community’s resilience to flooding events,” Minister for Metropolitan Roads Natalie Ward said.
Source: NSW Government – Media Releases; Transport for NSW; Roads & Infrastructure Australia; Infrastructure Magazine
In a move to sustain the production capacity of its iron ore business in Western Australia's Pilbara region, Rio Tinto has approved a $1 billion investment for its Greater Tom Price operations.
About a month after the announcement of a $1 billion investment for the development of Rio Tinto’s Western Turner Syncline Phase 2 project, the Western Australian Government approved the project that will support up to 1,000 construction jobs for the State.
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