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INFRASTRUCTURE FUNDING FOR VICTORIA TOPS $497 MILLION
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The Rudd Government will invest over $497 million in nation-building road and rail projects in Victoria - including $51 million to make an early start on election commitments. Urgent action is needed to fix Australia's over-stretched transport networks and build infrastructure to meet the challenges of the 21st century. That's why we're getting a head start on $51 million worth of projects in Victoria that weren't due to commence until 2009-10, as well as delivering projects to upgrade interstate transport networks and critical freight corridors. Victoria's budget infrastructure package will deliver on our election commitments, tackle major bottlenecks and help make our roads safer. Our $51 million to make an early start on election commitments includes:
Overall, the 2008-09 Budget investment in Victorian transport infrastructure allocates:
The Government will continue to implement its land transport infrastructure election commitments from 2009-10 to 2013-14 with timing and specific funding arrangements to be negotiated with states and territories during 2008. Media Contacts
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URL: http://www.minister.infrastructure.gov.au/aa/releases/2008/May/budget-infra_03-2008.htm