The South Australia 2014-2015 budget includes over $10B worth of capital investments in transport, health, education and public housing infrastructure projects.
Adelaide’s North-South Corridor will undergo $1.3 Billion worth of developments, including upgrades at Darlington and between Torrens Road and Torrens River.
The $620 million Darlington Upgrade Project will include a 2.3km section of road between the Southern Expressway and Ayliffes Road. The proposed project is expected to reduce traffic congestion while creating approximately 370 jobs per annum.
The North-South Corridor infrastructure will also deliver redevelopments from Torrens Road to Torrens River and upgrades to intersections, footpaths and off-road cycling paths. According to the Project Assessment Report, 480 jobs per year will be created during the construction phase of the project.
South Australia Transport Minister Stephen Mullighan said that the North-South Corridor and Darlington upgrades would increase travel efficiency, support jobs and benefit the economy.
“Projects of this magnitude will also bring significant employment opportunities for South Australians...” Mr. Mullighan said.
The construction industry is also expected to benefit from the $160 million O-Bahn City Access Project, which will extend the busway via a tunnel below Hackney Road into the CBD. This three-year project aims to reduce peak-hour delays for bus services.
South Australia Treasurer Tom Koutsantonis said that this upgrade will create 50 jobs during the first year and a further 400 jobs over the following two years.
Mr. Koutstantonis said that the project will be delivered in accordance to the Participatory Policy to ensure that competitive small and medium enterprises are given the opportunity to be considered.
“We will continue our investment in infrastructure and give local contractors the opportunity to bid for works and create jobs” Koutsantonis said.
Other infrastructure projects included in the budget include expansion of the Adelaide Convention Centre, upgrades to the Riverbank precinct and redevelopment of major metropolitan and regional hospitals across the state.
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