Australia’s federal government has promised to fast track 15 infrastructure projects, valued at A$72 billion ($49 billion) in a nationwide infrastructure push designed to reinvigorate the economy.
The projects will involve both public and private investments, including the Inland Rail from Melbourne to Brisbane project, the Marinus Link between Tasmania and Victoria, and the Olympic Dam extension in South Australia, according to several news sources.
The list of projects also includes emergency town water projects in New South Wales, as well as road, rail and iron ore projects in Western Australia, The Canberra Times reports.
Australian prime minister Scott Morrison announced in a recent speech at CEDA’s State of the Nation Conference that the Australian government would commit A$1.5 billion ($1 billion) to priority projects identified by states and territories, according to Infrastructure Magazine.
From this, A$1 billion ($686 milli
