The Victorian Government’s 2023/24 Budget is set to deliver a boost to the state’s infrastructure sector, allocating $7.3 billion to transport network projects.
Victorian Minister for Transport and Infrastructure, Jacinta Allan, said, “We’re doing what matters for Victorian commuters: removing level crossings, providing more transport connections than ever before, and building the road and rail projects we need to keep our city and state moving.”
Victorian Minister for Public Transport, Ben Carroll, said, “We’re making critical public transport investments across our bus, tram and train networks, making services more reliable and more frequent for millions of Victorians every day, and supporting thousands of local jobs.”
The Budget includes:
- A $339 million investment in Melbourne’s Metro Tunnel as it prepares to open in 2025
- The removal of further 25 level crossings across Melbourne by 2030
- A $650 million investment in the Melton Line Upgrade, which will create up to 1,000 jobs during construction
- $129 million for building a new station at Davis Road in Tarneit West and to kick start planning for other stations
- $353 million invested in a stabling and maintenance facility to support rail services for Melbourne’s south-east and bayside suburbs
- $694 million in road upgrades including Stage Two of the Barwon Heads Roads upgrade, the Watson Street-Hume Freeway interchange upgrade in Wallan and the Ballan Road intersection upgrade in Wyndham Vale
- $2.8 billion will be invested in road maintenance for flood damaged roads and roads across the state
- More than $60 million for new road and active transport upgrades across busy Melbourne suburbs
- A $601 million investment for 23 new VLocity trains to be built in Victoria, supporting 500 local manufacturing jobs
- $322 million will be provided for Stage 2 of the South Dynon train maintenance facility in West Melbourne
- $111 million to support regional rail network operations’ reliability and punctuality
