INDUSTRY NEWS
NSW Infrastructure has a positive outlook for 2016 There is a positive outlook in 2016 for all industries involved in building infrastructure in New South Wales according to the State Division of the Institute of Public Works Engineering (IPWEA-NSW) whose members undertake the major capital works projects for the private and public sectors. IPWEA NSW Chief Executive Officer, John Roydhouse, said the Federal Government is injecting billions into infrastructure programs and the State Government has announced its own $20 billion infrastructure program as part of the Rebuilding NSW plan which includes investing $6 billion in regional NSW. He said New South Wales is the premier state for infrastructure and will receive a major portion of the $9.7 billion in Federal funding to the States. Mr Roydhouse said the dynamic growth in infrastructure commitment has been
reflected in bookings from overseas and across Australia for the IPWEA's CIVENEX Expo to be held at the Hawkesbury Showground on May 18-19, which is the State's major infrastructure show case. He said the WestConnex road project has topped the list of infrastructure programs in New South Wales again in 2016, but now there was also the NorthConnex road project currently underway.
Mr Roydhouse said Stage 2 of WestConnex, which will more than double the capacity of the M5 East, is beginning ahead of schedule because the Commonwealth is providing a concessional loan of up to $2 billion, on top of the $1.5 billion grant it committed for all three project stages. "Road congestion costs Australia $16.5 billion in 2015 while also adding massively to city pollution levels. Such projects as WestConnex will help ease congestion and improve accessibility to workplaces for employees and delivery drivers. This a win for lifestyle, cost reduction and the environment." Mr Roydhouse also praised the Federal and State Government for working cooperatively to complete the upgrade of the Pacific Highway by the end of the decade which will help speed up domestic road trips and the delivery of primary and
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Construction Engineering Australia - February 2016
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