Joint Media Release with Deputy Prime Minister, Minister for Infrastructure, Transport and Regional Development Leader of The Nationals The Hon Michael McCormack MP and Assistant Minister for Roads and Transport The Hon Scott Buchholz MP
The Coalition Government’s 10-year, $3.5 billion Roads of Strategic Importance (ROSI) initiative, will see $1.5 billion invested in key northern Australian roads, delivering game-changing productivity and efficiency, and supporting the connectedness of communities in the north.
Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said $1.5 billion was earmarked for key corridors across northern Australia to improve road reliability, connectivity across supply chains for key agricultural and mining regions, and better connected communities.
“The $1.5 billion Northern Australia ROSI will deliver upgrades to key corridors across Queensland, Western Australia and the Northern Territory to support major freight movements and better connect businesses to markets and export facilities,” Mr McCormack said.
“Investment in these strategic corridors will further support regional economic growth across northern Australia by helping support the expansion of key local industries by building capacity, and improving access and safety on these key roads.”
Assistant Minister for Roads and Transport Scott Buchholz said the rolling delivery of upgrades over a 10-year period would also support sustainable employment and skills development by providing on-going opportunities, and would provide certainty for businesses operating across northern Australia.
“Priorities funded through the Northern Australia ROSI will build on the important upgrades already progressing under the $600 million Northern Australia Roads Program and the $100 million Northern Australia Beef Roads Program,” Mr Buchholz said.
“In a similar vein to the Northern Australia roads programs, these upgrades will also support increased economic activity by improving access to the many fantastic tourist sites northern Australia has to offer.”
Country Liberals Senator for the Northern Territory, Nigel Scullion, was pleased principles had been released to help prioritise investments and ensure funding would be directed at improving road reliability, and better connect communities.
“These investments will improve access to key tourism and recreational areas, and will lower business costs for regional industries by ensuring key freight routes are capable of supporting higher capacity vehicles,” Senator Scullion said.
“The Northern Australia ROSI will also provide a direct economic boost by improving links between regional communities to ensure that they have reliable access to essential services including healthcare and education.”
Funding under the package will be available over 10 years from 2018−19. More information is available at: http://investment.infrastructure.gov.au/key_projects/initiatives/roads_strategic_importance.aspx