The Victorian Government has announced a $941 million infrastructure investment for the 2018-2019 state budget ahead of the elections in November this year.
The investment will include the establishment of a new regional roads body – Regional Roads Victoria (RRV) which will be a division of VicRoads and will oversee a $333 million boost to road maintenance.
$229 million of the promised funding will be spent on the government’s Towards Zero Road Safety Action Plan which was established in 2016. Increased new overtaking lanes, rumble strips and intersection upgrades on high risk roads will be included in the funding.
The government will be spending $100 million towards a fund – Fixing Country Roads which will provide grants to rural and regional councils to repair their local roads.
The Victorian Minister for Roads and Road Safety Luke Donnellan, the Labor government has doubled road maintenance spending since 2014 when it came into office. Find out more at https://www.ownerdriver.com.au/industry-news/1804/billion-dollar-boost-for-vic-country-roads