The Australian Government has committed $71.5 million to a Targeted Road Safety Works package in Victoria which will provide an immediate injection into the economy to help stem the impact of COVID-19.
This project is being funded through the $500 million Targeted Road Safety Works package, which forms part of the Australian Government’s broader $1.5 billion infrastructure stimulus package.
The Australian Government contribution of $71.5 million from this package will be invested across Victoria and will be supported by a $25.7 million State Government investment.
Member for Wannon, Dan Tehan said getting shovels in the ground on local road construction projects such as the $2.4 Million safety upgrade on the Glenelg Highway was important for maintaining jobs and economic growth in Wannon.
“Our region will benefit from the investment which will improve road safety and bolster the resilience of our local road networks”.
Works on the roundabout are planned to commence in October 2020 and are due for completion in December 2021.
“Every single job that we support makes a huge difference in our local communities – now and as we navigate out of the pandemic,” Mr Tehan said.
Included in the Targeted Road Safety Works package is the Pedestrian and Safer Schools Initiative - installing pedestrian safety improvements and electronic speed limit signs.
“I will be strongly advocating for the inclusion of priority school zones in Wannon under this package”, said Mr Tehan.
Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said this new initiative is part of the $320.3 million infrastructure program of shovel-ready infrastructure projects for Victoria that can support local jobs immediately.
“This package will fund projects that can get underway now and over the next six months, to give an immediate boost to the economy and local jobs – right at the time we need it.
“This is part of our $100 billion, 10-year infrastructure pipeline, which is laying the foundations of a financial bridge to recovery on the other side of the COVID-19 crisis.”