A joint funding package of $145 million into South Australian construction projects is expected to boost jobs as part of the state’s economic recovery.
The investment builds on the fast-tracking of $327 million for infrastructure in South Australia, announced last November.
Prime Minister Scott Morrison said this will lock in priority upgrades that will bust congestion, increase productivity, improve safety, and boost jobs at a time when it is needed most.
Deputy Prime Minister Infrastructure, Transport and Regional Development Minister Michael McCormack said the package includes a $52 million Regional Road Network Package, which will build on investments under the Roads of Strategic Importance initiative to deliver pavement treatments, shoulder sealing and safety enhancements.
“We will also fund a $12 million higher-capacity North-South Freight Route bypassing Adelaide. This will deliver upgrades along the route between Murray Bridge and the Sturt Highway to remove speed restrictions and improve productivity, with initial works to get under way within six months,” McCormack said.
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“In all, this package will support more than 200 jobs during construction, which is good news for locals and communities across South Australia.”
South Australia Premier Steven Marshall said the $145 million infrastructure investment is an important part of the plan to create local jobs and help re-build the economy.
“This significant infrastructure investment is part of our strong plan to create more South Australian jobs and support local businesses,” Marshall said.
“We have worked very closely with the Federal Government to fast track funding for these shovel-ready projects which will complement our record $12.9 billion infrastructure pipeline here in South Australia.”
The jointly funded package is supported by investments from the Federal ($115.6 million) and South Australian Governments ($28.9 million).
Federal funding for the package has been drawn from the recently announced $1.5 billion allocation to priority shovel-ready projects and targeted road safety works.