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.
Despite the significant commitment, which is expected to reduce reliance on the West Gate Bridge and the M1 Corridor, other projects such as the long-anticipated Truck Action Plan have been missed.
Main construction of the East-West Link 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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