The federal government has been forced to chip in more money to get construction of the second M1 on the Gold Coast underway.
The cost of the Coomera Connector has blown out by over $630 million to $2.13 billion before a sod is even turned.
The state government committed an extra $316 million to the project in September and had called for Canberra to match that.
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Urban Infrastructure Minister Paul Fletcher has today confirmed the federal government will also contribute a further $316 million, taking its total contribution to more than $1 billion.
“This commitment shows that the Morrison Government is serious about getting on and delivering this state-defining project, which will generate local jobs, ease congestion particularly on the M1, and help commuters get home to their families sooner and safer,” Mr Fletcher said.
Federal MP for Fadden Stuart Robert says the Morrison government continues to deliver for the Gold Coast.
“This funding puts the people of the Gold Coast first and is a welcome investment in the future of our region’s economy, supporting up to 700 jobs to help Queensland bounce back even stronger from the global pandemic,” Mr Robert said.
The extra funding will also allow for an upgrade of Shipper Drive at Coomera which will be a key feeder road for the second M1.
The state government announced last month that a contract had been awarded for early works on Stage 1 North between Coomera and Helensvale.
But it’s yet to confirm if a contract for major construction has been signed yet.
That work is not expected to start until mid-2022.
Stage 1 is not scheduled to be open to traffic until late 2025.