Victoria holds East West Link meetings
The Victorian Government has announced it has met with national and international organisations interested in the delivery of stage one of the East West Link.
Treasurer Michael O’Brien and Minister for Roads Terry Mulder delivered the industry briefing to over 80 organisations and is designed to ‘ready the market’ with financiers, engineering consultants and construction firms.
“The East West Link is one of the largest infrastructure projects ever contemplated in Victoria with an estimated cost of $6 to $8 billion and there is a strong appetite from the private sector to deliver this project,” Mr O’Brien said.
“Engaging with business and industry at the earliest possible stage is a clear indication that the Coalition Government is committed to delivering the East West Link.
“The 2013-14 Victorian Budget has allowed for the State’s full contribution for the delivery of stage one of the East West Link.
“Business, industry and the community can be assured that our commitment is real and we are ready to partner with business, industry and the Commonwealth Government to deliver this project,” Mr O’Brien said.
Mr O’Brien said that the project is proposed as an availability model Public Private Partnership (PPP), with financing sourced from the Victorian Coalition Government, Commonwealth Government and the private sector.