The Victorian Government has committed more than $630 million to roads funding in the State Budget
By Ruza Zivkusic-Aftasi | May 8, 2013
The Victorian Government has committed more than $630 million to roads funding in the State Budget, including $294 million for stage one of the East-West Link project.
But the announcement leaves a gap for either the Federal Government or private sector to fill, with the project worth $6–$8 billion.
The East-West Link is expected to reduce reliance on the West Gate Bridge and the M1 Corridor. Main construction will start next year, with works expected to last five years.
Yesterday’s announcement is expected to ease congestion and improve safety, according to Roads Minister Terry Mulder.
Some $53 million has been earmarked for the removal of notorious level crossings.
Another $15.6 million will be spent on road upgrades between Stud Road and Burwood Highway in Wantirna South.
Travel times on the Monash Freeway will be improved thanks to $11.3 million allocated to install variable speed limits and control signs.
The Government has set aside $10 million for pre-construction works on the Kilmore-Wallan bypass, which is due to be built by 2017.
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