On May 5, Victorian Government announced the 2015-16 State Budget which focus on transport infrastructure and education.
For transport sector, the budget contains the biggest investment in public transport in Victoria’s history, with almost USD 20 billion worth of major transport infrastructure.
The Government’s first budget commits up to USD 2.4 billion to kick start the removal of 50 of Victoria’s most dangerous and congested level crossings and USD 1.5 billion for planning, design and significant early works on the Melbourne Metro Rail Project.
As announced this week, USD 2 billion will go towards new trains, trams and jobs for Victoria. USD 55.6 million is also provided for Stage 1 of Victoria’s first trial of High-Capacity Signalling, which will roll out on the Sandringham line.
“This investment is a part of the Labor Government’s plan for a high-capacity, high-frequency train system where you don’t need a timetable – you just turn up and go,” Minister for Public Transport, Jacinta Allan said.
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