The Federal and South Australian Governments will each commit $177 million to deliver the $354 million next stage of Adelaide’s North-South Corridor – Regency Road to Pym Street.
The project will connect the South Road Superway to the Torrens to Torrens project via a new 1.8 kilometre, six-lane non-stop motorway.
According to a joint statement from the Federal and South Australian Government, delivery of the next stage of the North-South Corridor project will complete a continuous 47-kilometre, non-stop motorway between Gawler and the River Torrens.
Federal Minister for Urban Infrastructure and Cities Paul Fletcher said the project had been listed by Infrastructure Australia as a ‘priority’ project addressing a nationally-significant problem.
“I am delighted that the incoming Marshall Government has so quickly come to the table to progress this vital next stage of the North-South Corridor – allowing the two governments to reach an early funding deal,” Mr. Fletcher said.
“This project will improve road safety, reduce travel times by up to 8 minutes between Regency Road to Pym Street during peak periods along the North-South Corridor and deliver 210 new jobs per annum for South Australia.”
South Australian Minister for Transport, Infrastructure and Local Government Stephan Knoll said both Governments were working closely together to deliver key infrastructure projects across the state.
“Works currently under construction along the North-South Corridor include the Darlington Upgrade, the Torrens to Torrens project and the Northern Connector,” Mr. Knoll said.
“The Marshall Government will seek to work constructively with the Federal Government to deliver more funding to complete important infrastructure projects like the North-South Corridor.”
Construction works on Regency Road to Pym Street are expected to commence in 2019.
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