Level Crossing Blitz, Fulton Hogan Sale and Victoria’s Building Boom

Consultive-Blog-Level-Crossing-Blitz-in-Melbourne_Blog

Level Crossing Removal Works – Inner North

Communities in Melbourne’s inner north will enjoy better connections and more open space as part of a $1 billion investment in level crossing removal works in Coburg, Brunswick and Preston. As part of these projects, new stations will be built, with the heritage-listed station buildings at Coburg and Moreland preserved.

Each day, about 150,000 vehicles pass through these eight level crossings, with the boom gates being down for up to 40 per cent of the two-hour morning peak period.

Read more, here.

Fulton Hogan Possible Sale

Fulton Hogan’s Board is exploring the possible sale of Fulton Hogan Construction in Australia as a fully operational business. While talks continue, they remain committed to business as usual, and will still be actively biding on future projects. An external advisor has been appointed to lead the process, with the view that a decision be made later this year.

Fulton Hogan also says it remains committed to the Australian market through its Infrastructure Services and Utilities businesses.

Level Crossing Removal Works – Pakenham Line

Over the next 12 months, construction to remove two dangerous and congested level crossings on the Pakenham line will begin. Minister for Transport Infrastructure, Jacinta Allan, says works at Clyde Road will start in 2020 for a 2022 completion, while works at Cardinia Road have been fast-tracked to begin later this year.

Nine level crossings have already been removed on the Pakenham line, with three more removals already in the planning or design stage. Now, with four more prioritised, that leaves just five level crossings on the journey between Pakenham and the CBD.”

Victoria’s Building Boom

Victorian Treasurer, Tim Pallas, says that Victoria’s building boom is already paying dividends, with the value of infrastructure projects growing by $18 billion (20.5 per cent) over the last 12 months. The latest quarterly Investment Monitor report also shows that we’ve enjoyed the highest growth of the mainland states in the year to March 2021.

*The content in this article was first published by Roads Australia Insider, May 2019.

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Published on: 20/05/2019

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