NSW Budget Identifies 651 Major Infrastructure Projects

New South Wales’ ambitious infrastructure program is running at unprecedented levels as the government works to rebuild the State. 

Funding for this program is primarily secured from the State Budget, which has been refocused to sustainably support the Government’s infrastructure commitments and improve frontline services, while maintaining NSW’s triple-A credit rating.

The State-funded infrastructure program includes expenditure in the general government sector, public transport PTEs, the Sydney International Convention, Exhibition and Entertainment Precinct (also known as the Darling Harbour Live (DHL) project), the State-funded contribution to WestConnex etc.

NSW Budget Paper 4 (2014-2015 Infrastructure Statement) identifies 651 major infrastructure projects with a combined Estimated Total Cost (ETC) of $73.05 billion over the life of the projects. Together they form a commitment for the 2014-15 Budget of $11.49 billion.

Commenting on the budget’s impact on NSW regions, the Hon. Kevin Humphries MP, Minister for Natural Resources, Lands and Water, said: “The North Coast will benefit from $10 million over four years to deliver dredging projects in priority waterways between Forster and Tweed Heads and other locations to maintain navigation channels critical to the commercial operations of industry, commercial fishing fleets and tourism charter vessels.

The Budget will also deliver $3.8 million to allow the continuation of sand pumping and dredging at the Tweed River entrance, increasing safety by providing improved navigation.

Press Release, June 24, 2014

 

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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