Major investment in regional roads
The Marshall Liberal Government will deliver its election commitment to establish a Royalties for Regions program, with $315 million budgeted over the next four years to invest in regional roads and other infrastructure.
The Royalties for Regions program will quarantine 30 per cent of mining royalties to be delivered into the Regional Roads and Infrastructure Fund (RRIF), securing a long-term funding source for investment in regional roads and other infrastructure.
Major regional road projects include:
• Regional Roads and Infrastructure Fund ($315 million over the forward estimates)
• Joy Baluch AM Bridge ($200 million)
• Port Wakefield overpass and widening of the Augusta Highway ($88.5 million)
• Penola bypass ($14.6 million)
• Nairne intersection upgrade ($5 million)
“The Marshall Government is serious about investing in regional roads and that’s why we’re delivering our Royalties for Regions program,” Minister for Transport, Infrastructure and Local Government Stephan Knoll said.
“Over the next four years it’s expected that $315 million will be invested in regional roads and other infrastructure through the RRIF.
“This significant $315 million investment adds to the strong pipeline of infrastructure works that the Marshall Government is building for South Australia.
“The $315 million budgeted RRIF builds a strong foundation and secures a long-term funding stream for continual investment in regional roads and other infrastructure.
“Investing in regional roads will help ensure they are safer for South Australians and visitors, as well as continue to build a productive and efficient road network for freight and industry.
“The previous Labor government neglected South Australia’s regions for 16 years and the Marshall Liberal Government is cleaning up Labor’s mess.
“The Marshall Government has also moved quickly and is working with the Federal Government to deliver key regional road projects for South Australia.”
The 2018-19 Commonwealth Budget included $162 million over the forward estimates (full funding was committed beyond the forward estimates) for the Gawler Electrification project, Joy Baluch AM Bridge and Pym Street to Regency section of the North-South Corridor.
The 2018-19 State Budget will include the bringing forward of Commonwealth funding for these the projects of $395 million within the forward estimates consistent with project milestones (in addition to the $162 million).
“In addition, the Marshall Government has secured over $70 million of Commonwealth funding to deliver the $88.5 million Port Wakefield overpass and road duplication project.
“The Port Wakefield overpass and widening of the Augusta Highway will help address the long running issue of the traffic bottle neck and associated traffic congestion, especially around long weekends and holiday periods.
“The Joy Baluch AM Bridge duplication project is crucial to securing an important freight and passenger link to access the Upper Spencer Gulf in Port Augusta.”