Is WestConnex completed?
WestConnex is being delivered in stages and is due to be completed in 2023.
Who bought WestConnex?
Transurban
Transurban, as part of the Sydney Transport Partners consortium, has successfully been awarded 100% ownership of WestConnex, Australia’s largest road infrastructure project.
Who is constructing WestConnex?
CIMIC Group company CPB Contractors has been selected to deliver the $3.9 billion WestConnex M4-M5 Link Rozelle Interchange in a 50:50 joint venture with John Holland. The interchange will generate revenue of approximately $1.95 billion to the CIMIC Group. Construction will start next year and conclude in 2023.
Who is paying for WestConnex?
The Australian Government is providing $1.5 billion towards WestConnex, in addition to the concessional loan of $2 billion. The New South Wales Government is providing $1.8 billion. WestConnex tolls will be distance-based (motorists only pay for the length of road they use) and capped like the current M7.
Who paid for WestConnex?
The WestConnex consortium partners include Transurban, AustralianSuper, Abu Dhabi’s sovereign wealth fund and two Canadian pension funds.
How long is the WestConnex?
33 km
WestConnex
| WestConnex New South Wales | |
|---|---|
| Type | Motorway (Under construction) |
| Length | 33 km (21 mi) |
| Opened | 20 December 2016: King Georges Road interchange upgrade 15 July 2017: M4 widening 13 July 2019: M4 East 5 July 2020: M8 Motorway 2023: M4–M5 Link main tunnels, Rozelle Interchange, Iron Cove Link |
| Major junctions |
Which part of M4 is tolled?
WestConnex M4 is the 14km tolled section of M4 Western Motorway that runs between Parramatta and Haberfield in Sydney’s inner west. WestConnex M4 is electronically tolled with no cash tollbooths.
How much does it cost to use the M4?
“From 15 August 2017, motorists on the new M4 (between Church St and Homebush Bay Dr) will pay a distance-based toll. This means you pay for what you use. Tolls range from $1.77 to $4.56 for cars and motorbikes, or $5.30 to $13.67 for heavy vehicles.”
Is WestConnex privately owned?
In August 2018, the NSW government sold 51 percent of WestConnex to a consortium led by Transurban for A$9.26 billion. The project has bipartisan political support from the coalition and Labor parties, at both a federal and state level.
Is Transurban owned by China?
We’re an Australian-owned company and we build and operate toll roads in Melbourne, Sydney and Brisbane, as well as in Greater Washington, United States and Montreal, Canada.
Who owns WestConnex?
Who owns the M4?
WestConnex
The M4 Motorway is a 50.2-kilometre-long (31.2 mi) dual carriageway partially tolled motorway in Sydney, New South Wales, Australia that is designated as the M4 route….M4 East.
| Overview | |
|---|---|
| Opened | 13 July 2019 |
| Owner | WestConnex |
| Operator | Sydney Motorway Corporation |
| Toll | $4.41 (2020 dollars, subject to indexing, each way) |
How long is the WestConnex tunnel?
5.5km
Project overview The WestConnex M4 Tunnels opened to traffic in July 2019. WestConnex M4 (the New M4 Tunnels and the Widened M4), includes 5.5km tunnels and around 7.5km of surface roads. The WestConnex M4 links to the M4 at Parramatta in the west, and Wattle Street and Parramatta Road at Haberfield to the east.
When did WestConnex start?
20 December 2016
What is the purpose of the WestConnex?
WestConnex is more than a motorway. It is a scheme designed to act as a catalyst to renew and transform the parts of Sydney through which it passes. WestConnex creates opportunities for urban renewal and public transport improvements, especially along Parramatta Road.
How many tunnels are in the Westconnex M4?
WestConnex M4 (the New M4 Tunnels and the Widened M4), includes 5.5km tunnels and around 7.5km of surface roads. The WestConnex M4 links to the M4 at Parramatta in the west, and Wattle Street and Parramatta Road at Haberfield to the east. The WestConnex M4 will also connect to the M4-M5 Link Tunnels and Rozelle Interchange in 2023.
What is the current security of the WestConnex project?
55 WestConnex Project Summary 2019 17.3 Contractor and Trustee security For each of the New M4, New M5 and M4-M5 Link, the D&C contractors have procured the issue to Roads and Maritime of unconditional undertakings on behalf of the applicable Trustees in respect of D&C of the applicable Motorways.
What is the ISBN number for WestConnex project summary 2019?
WestConnex Project Summary Project Summary WestConnexFebruary 2019 Project Summary | WestConnex RMS.18.1158 ISBN: 978-1-925891-12-6 This summary should not be relied upon for legal advice and is not intended for use as a substitute for the contracts. Cover image: WestConnex M4 Widening (Granville-Rosehill) 3 WestConnex Project Summary 2019
Where can I find the WestConnex project deeds?
The Project Deeds (excluding any commercial-in-confidence material) have been published on the Roads and Maritime Services website in accordance with Government policy and the Government Information (Public Access) Act 2009(NSW). The WestConnex Project Summaryis based upon the form of contracts as at 18 December 2018.