More infrastructure funding to boost Australia’s economic recovery

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Increased funding for major infrastructure projects will create new jobs and boost our economic recovery while ensuring that Australia’s road and rail networks remain strong, efficient and safe into the future.

As part of the 2021-2022 mid-year economic and fiscal outlook, the Liberal and National government is providing $ 2.3 billion for projects across Australia, including:

  • $ 316.1 million for the Coomera Connector Stage 1 (Coomera in Nerang) in Queensland;
  • $ 300 million for projects to support the delivery of METRONET to Western Australia;
  • $ 96 million for a heavy vehicle bypass in Tenterfield, reducing congestion in the city center and improving efficiency and safety for road users;
  • $ 80 million for the M1 Pacific Highway extension to Raymond Terrace, ensuring the delivery of one of Hunter’s largest ever infrastructure projects;
  • $ 80 million for the Tasmanian Freight Capacity Upgrade Program;
  • $ 50 million for the Lefevre Peninsula Modernization Project in South Australia;
  • $ 17.93 million to improve intersections at four locations in the Australian Capital Territory, to keep pedestrians and motorists safe; and
  • $ 6 million for the business case for Caulfield in Rowville Link (Victoria).

Deputy Prime Minister Barnaby Joyce said the government continues to invest in new and existing infrastructure projects that will create more jobs for Australians and help secure our economic recovery.

“The Liberal and National Government continue to build and modernize the infrastructure necessary to grow our economy and to keep trains, trucks and cars moving safely and efficiently,” said the Deputy Prime Minister.

“Better roads reduce journey times for traders and truck drivers, allowing them to take on more jobs in a day, while improved rail lines allow businesses to market their products, helping them grow. and stimulate our regional economies.

“Our government understands the importance of providing the infrastructure Australians need and deserve. That’s why we’re building on our record $ 110 billion national infrastructure plan with more funding for more projects. This will create more jobs and more economic opportunities for Australians.

“Regional Australia is at the heart of this investment, with investments in key highways, critical freight routes, urban by-passes, rail links and supporting infrastructure for the important domestic rail project. “

Communications, Urban Infrastructure, Cities and the Arts Minister Paul Fletcher said the Commonwealth government was making critical investments in urban areas aimed at reducing congestion and improving road safety.

“Our record investment in infrastructure across the country is helping Australians get home sooner and more safely, helping freight move more efficiently between our cities and supporting thousands of jobs,” said Minister Fletcher .

“We are providing significant additional funding to projects that keep our cities on the move, including a $ 316.1 million boost for Phase 1 of the South East Queensland Coomera Connector between Coomera and Nerang, and $ 300 million to scale up even more public transport investments in Perth under METRONET.

“We continue to work closely with state, territory and local governments to continue the delivery of these critical infrastructure projects. “

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