More than 40 years after the first line appeared on a map, construction of the long awaited Majura Parkway will finally start next year and be completed in 2016.
Infrastructure and Transport Minister Anthony Albanese today said the project had secured the backing of the Gillard Labor Government and would receive $144 million in Federal funding, matching the ACT Government’s contribution dollar-for-dollar.
“Recommended by Infrastructure Australia and set to be built with monies from our Building Australia Fund, the Majura Parkway will make it easier for Canberrans to get around their city as well as well as taking trucks off local streets,” said Mr Albanese.
“Construction of this new road is an investment in Canberra’s future, with Infrastructure Australia putting its long term economic, social and environmental benefits at close to $1 billion.
“Funding for the Majura Parkway builds on the record capital works program we initiated in our very first budget back in 2008. Together with the Gallagher Labor Government, we’re building the modern, well planned transport infrastructure befitting Canberra’s status as our nation’s capital.
“This confirmation of funding for this project is the culmination of a persistent and passionate community campaign led by local MPs including Gai Brodtmann, Andrew Leigh, Mike Kelly and Senator Kate Lundy.”
The Majura Parkway will be an 11.5 kilometre long duplicated road with seven bridges and three interchanges at the intersections with Fairbairn Avenue, Federal Highway and Monaro Highway.