Member for Davidson, Jonathan O’Dea has welcomed the latest development in establishing the much needed F3-M2 missing link.
NSW Roads and Ports Minister Duncan Gay and Federal Infrastructure and Transport Minister Anthony Albanese have today signed an Intergovernmental Agreement on behalf of their respective governments locking in funding contributions of $405 million each towards delivery of the “missing” link between the F3 and M2.
The signing follows an unsolicited proposal from private motorway operator Transurban and the Westlink M7 shareholders which the NSW Government recently disclosed had moved from Stage 2 to Stage 3 under the assessment process.
Stage 3 involves the negotiation of a binding agreement to deliver the motorway, provided the Government believes it represents value for the public.
The $2.65 billion NSW Government project will be primarily funded by the private sector, with both the Federal Government and Federal Opposition previously promising assistance of up to $400 million.
“The link will particularly benefit Davidson electorate residents through reducing traffic on the Pacific Highway,” Mr O’Dea said.
“The subsequent reduction in noise and pollution should especially benefit those living on the Pacific Highway corridor.
“The Missing Link Action Network, comprising NSW and Federal Liberal MPs and candidates has been campaigning to make the F3-M2 Missing Link a priority.
“As a member of this group, the latest development is a welcome step towards fulfilling the goal of the Network and bringing relief for local drivers,” Mr O’Dea said.
The 7.7 kilometre link between the F3 at Wahroonga and the M2 between North Rocks and Cheltenham will follow the Pennant Hills Road corridor to deliver a continuous motorway between the Central Coast and Hunter to Western and South Western Sydney.
It is hoped the binding agreement for delivery of the project will be signed next year.