The Australian project to build the East West Link in Melbourne, Victoria State now looks to be revived. Financing worth US$2.82 billion (A$4 billion) is being provided by the Australian Federal Government. The project is expected to cost $4.93 billion (A$7 billion) in all. The link will connect the Eastern Freeway with the CityLink, carrying an expected 80,000-100,000 vehicles/day and cutting congestion in the east of Melbourne. The project was previously halted in 2014.
Melbourne road link project being revived
The Australian project to build the East West Link in Melbourne, Victoria State now looks to be revived. Financing worth US$2.82 billion (A$4 billion) is being provided by the Australian Federal Government. The project is expected to cost $4.93 billion (A$7 billion) in all. The link will connect the Eastern Freeway with the CityLink, carrying an expected 80,000-100,000 vehicles/day and cutting congestion in the east of Melbourne. The project was previously halted in 2014.
Finance & Funding / May 15, 2019