The 2020-21 Budget will continue to invest in an infrastructure program that builds a better NSW, with a record infrastructure pipeline of $107.1 billion to ensure the delivery of projects across the State, including vital infrastructure in Health, Education and Transport.
The record $107.1 billion pipeline is estimated to generate 145,000 jobs directly or indirectly each year. This transformational pipeline of infrastructure projects, both planned and already underway, will boost consumer confidence, putting NSW in a strong position to respond to the economic crisis.
Jobs and infrastructure acceleration fund
Underpinning this stimulus is the $3 billion Jobs and Infrastructure Acceleration Fund, which will support 20,000 jobs and deliver new and fast-tracked projects across the State.
Key projects to be delivered from this fund include:
- Commencing work on the $385 million St George Hospital Integrated Ambulatory Care Precinct in Kogarah, and bringing forward $60 million of the $608 million Sydney Children’s Hospital Network redevelopment in Randwick.
- The roll-out of a $157.8 million LED light replacement program in schools across the State to support a more energy efficient operating environment.
- New public schools in Googong, Murrumbateman and Edmondson Park to meet the needs of growing communities and $180 million to upgrade school facilities throughout regional NSW.
- Stage 1 of the Mamre Road upgrade between the M4 and Erskine Park Road with $28 million to accelerate works as well as $90 million for the Spring Farm Parkway Stage 1 upgrade, ensuring that road infrastructure is keeping pace with growing communities.
- Additional investments in the Fixing Country Bridges and Fixing Local Road programs.
- The delivery of more than 80 infrastructure and local community projects in the regions to support the delivery of health, education and recreational activities.
Maintenance and shovel-ready stimulus projects
This Budget will also commit to new stimulus spending across the State for maintenance and shovel ready projects, including:
- $812 million for social and Aboriginal housing across NSW including:
- $400 million for the construction and acceleration of new social housing properties.
- $200 million to deliver maintenance and upgrades of social housing.
- $212 million for the new supply, upgrades and maintenance works of aboriginal housing.
- $256 million for upgrades and maintenance works across National Parks, the Royal Botanic Gardens, Centennial Park, Sydney Olympic Park and the Crown Land portfolio.
- $167.7 million for capital works and maintenance of courts, police stations and corrective services, as well as upgrade of the Goulburn Police Academy into a state-of-the-art training facility.
Record Infrastructure Pipeline
An infrastructure pipeline to deliver vital Health, Education and Transport projects, including:
- $10.4 billion over the next four years for Sydney Metro West. Once completed this project will double the rail capacity between the Sydney and Parramatta CBDs, linking new communities to rail services and supporting both employment growth and housing supply. Sydney Metro West will have a travel time target of around 20 minutes between the two cities and is expected to create about 10,000 direct and 70,000 indirect jobs during construction.
- $9.2 billion over the next four years for Sydney Metro – Western Sydney Airport – the new metro rail will become the transport spine for Greater Western Sydney, connecting communities and travellers with the new Western Sydney International (Nancy-Bird Walton) Airport and the growing region. This city-shaping project will provide a major economic stimulus for western Sydney, creating more than 14,000 jobs during construction.
- $2.2 billion over the next four years for the Sydney Gateway project. Once completed this project will provide a new high capacity road connection from Sydney Airport and Port Botany to the new WestConnex St Peters Interchange and creating over 1,000 direct jobs during construction.
- A record $10.7 billion investment in Health infrastructure over the next four years, including completion of the $673.3 million Tweed Hospital Redevelopment and the $632 million Campbelltown Hospital Stage 2 Redevelopment.
- A record $7.7 billion invested in Education and Skills infrastructure, with over $1.4 billion in new schools infrastructure funding for new and upgraded schools, and $100 million for asset replacement and maintenance for TAFE NSW to deliver quality training services.