|Funding Program:||Roads of Strategic Importance
|Estimated Project Cost:||$100,000,000
|Australian Government Contribution:||$80,000,000
|Local Council/Shire:||Glenelg Shire Council,Shire of Moyne,Southern Grampians Shire Council,Warrnambool City Council
This funding is expected to deliver road upgrades across the Green Triangle region in south west Victoria, with a focus on four key arterial road corridors that provide freight connections to the Port of Portland:
- Henty Highway
- Portland-Nelson Road
- Portland-Casterton Road
- Princes Highway West
The Port of Portland is the largest hardwood chip exporter in the world, with hardwood grown in the Green Triangle accounting for 4.5 million tonnes of woodchips exported annually. However, the roads in the south west of Victoria were not designed for the heavy/high performance freight vehicles and volumes that are currently using them.
These road upgrades are expected to increase freight capacity, efficiency and access, and improve safety and travel reliability for all road users. Upgrades to this corridor are also expected to support local industry and the creation of local jobs.
The Australian Government is contributing $80 million. ROSI funding is provided on the basis that the Australian Government contributes up to 80 per cent of the total cost, and the remainder is provided by state and territory governments, local government and/or the private sector.
The delivery schedule will be determined as planning on the project progresses and in consultation with the Victorian Government.
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Project details last updated: 31/10/2019