The Federal and Western Australian Governments aims to support construction jobs by investing an additional $223 million to ready to go infrastructure projects.
The move will play an important role in the Federal Government’s JobMaker plan to help the state’s economy recover from the COVID-19 pandemic.
Prime Minister Scott Morrison said the funding injection means the Federal Government has brought forward or provided additional funding in excess of $1 billion for WA in the past eight months
“This package builds on the fast tracking of $868 million for infrastructure in Western Australia which we announced last November, locking in priority upgrades that will bust congestion, improve safety and boost jobs at a time we need it most,” Morrison said.
Finance Minister Mathias Cormann said the Federal Government’s $176 million contribution builds on its nationwide $100 billion, 10-year infrastructure pipeline.
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“Federal funding for this package has been drawn from the recently announced $1.5 billion allocation to priority shovel-ready projects and targeted road safety works,” Cormann said.
“We are continuing to work closely with all levels of Government making decisions to create jobs and support our economic recovery.”
Deputy Prime Minister and Infrastructure, Transport and Regional Development Minister Michael McCormack said the Government had worked closely with State, Territory and Local Governments to identify shovel-ready projects to help reinvigorate the economy and get money flowing into jobs and businesses as soon as possible.
“In Western Australia, this will see us investing in critical shovel-ready projects along the Great Eastern and Bussell Highways, Exmouth Road and Toodyay Road while simultaneously delivering a dedicated road safety package for life-saving improvements right across regional WA,” McCormack said.
“Overall this package is estimated to support more than 1,000 jobs during construction, which is absolutely fantastic news for locals and communities across the state.”
Western Australian Premier Mark McGowan said the Regional State Road Safety Improvement Program would see the two Governments invest $100 million across the State to deliver improvements over the next year.
“The Road Safety Improvement Program will widen, seal or install audio-tactile line markings on more than 20 regional routes right across the State to reduce run-off-road crashes,” McGowan said.
The jointly funded package is supported by investments from the Federal Government, $176 million, with the rest made up by the Western Australian Government.