How much does citylink cost to build

There has been little effort even to properly evaluate whether rail networks — arguably more effective than roads and a fraction of the cost — would be a superior option to big-ticket spending on roads. Due to the various time frames and project types the values are not directly comparable, nor could they be in strictly comparable in dollar value terms, without inflating the costs of some and deflating the costs of others. So, if that is the case with most of the large new projects, why would governments expect past methods of public-private partnership financing and toll-setting to work?

No other utility in Australia expects a utility provider to lock in for fixed pricing formulae over periods of 30 years or more. It is no wonder some large superannuation fund investors are now baulking at such massive greenfields projects. He did this while simultaneously adjusting for lane numbers and known lane lengths.

Effectively this compared the two in simple terms on the basis of costs per lane kilometre. Will it be a repeat of the Queensland experience of the failed BrisConnections project — soon to be before the courts?

This project, after all, is more than twice the size and the risk will lie with the governments, not with stock exchange investors.

Some projects such as Westlink M7 opened January were completed years ago. Others such as parts of the Pacific Highway upgrade and the Hunter Expressway are recently completed. Due to the various timeframes and project types, the values are not directly comparable, nor could they be strictly comparable in dollar value terms without inflating the costs of some and deflating the costs of others.

The figures should therefore not be used to over-state the multiple for the cost of the new tunneled projects versus the costs for roads built on the surface on relatively flat land, in Western Sydney for instance, even though that multiple is high. Same deal for those of the East West Link inMelbourne, whose base case model remains a secret.

Alex White. Join the conversation. Add your comment to this story To join the conversation, please log in. Register Join the conversation, you are commenting as Logout. More related stories. CityLink is a 22 kilometre road. Most of the road is eight lanes wide, with four inbound and four outbound lanes. It is under concession until See Linkt for more information. Once completed, this new road, including 6. We are working with our contractors to achieve sustainability ratings on the project from the Infrastructure Sustainability Council of Australia.

See the West Gate Tunnel project site for more information. Please enable JavaScript in order to get the best experience when using this site.