Mega investment 'should' transform western Syd's economy
The federal and NSW governments are investing more than $1 billion over the forward estimates and $3.5 billion over 10 years in major infrastructure upgrades in Western Sydney in hopes of transforming the region's economy.
The new plan involves building transport links to capitalise on the economic gains from developing an airport at Badgerys Creek.
This will aim to boost the local economy of Western Sydney, making it an even better place to live and do business.
The Australian and NSW governments will jointly fund the road infrastructure plan through an 80/20 funding split.
This investment aims to relieve pressure on existing infrastructure and unlock the economic capacity of the region by easing congestion, reducing travel times and creating thousands of local jobs.
This investment in roads will create 4000 jobs in addition to the tens of thousands of jobs that will be created by the new airport.
Over the next 20 years, the Western Sydney region is expected to grow from two million to three million, which is why both governments are fast-tracking development of new and existing infrastructure.
This plan will deliver significant upgrades to major and local roads including:
- Bringelly Road – upgrade to four lanes from Camden Valley Way to the Northern Road
- The Northern Road – upgrade to a minimum of four lanes from Narellan to M4 Motorway
- Elizabeth Drive Corridor – construction of a new four lane motorway from the M7 Motorway to the Northern Road
- Improve interchanges connecting Northern Road and Elizabeth Drive with arterial roads
- Local Roads – $200 million for local road upgrades
The first contracts for Bringelly Road are expected to be put to tender in July with planning on The Northern Road also substantially progressed.
The Minister for Infrastructure and Regional Development the Hon Jamie Briggs and NSW Minister for Roads and Ports, the Hon Duncan Gay, will have responsibility to drive the infrastructure plan, to plan and prioritise funding of existing projects and consider future projects to be funded at later stages of the programme including:
- A link from the M4 to the Airport
- Prospect Highway
- Moorebank Precinct
- Werrington Arterial
Work will also begin immediately to reserve a corridor for a future extension of the South West Rail Link to the Airport and to the South West Growth Centre. Enabling work, including a station box for a future rail link, will be completed during construction of the airport.
This package builds on commitments made by the Commonwealth and NSW governments to foster positive growth in Western Sydney including building WestConnex, developing the Moorebank intermodal terminal and constructing the North West and South West Rail Links.
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