Wednesday, July 6th, 2022
CECR

AUSTRALIA
$5.4bn Investment Announced To Boost Infrastructure

CECR

The Australian Government has announced an A$7.5bn ($5.4bn) investment to boost the transportation infrastructure across the nation.

The investment builds on a series of total infrastructure funds over A$11.3bn ($8.1bn) secured from the Commonwealth in response to the COVID-19 pandemic

The latest investment is expected to improve the national economy, deliver safer roads and create thousands of jobs as part of the COVID-19 economic recovery plan of the Federal Coalition.

Australian Prime Minister Scott Morrison said: “Federal Budget would deliver funding for infrastructure which supports the Government’s JobMaker plan and helps the nation recover from COVID-19.

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