Victoria
A new gas deposit has been discovered in the Otway Basin, off the Victorian coast along the Great Ocean Road.
Vicroads has kicked off the year by signing a slew of contracts for millions of dollars in maintenance and upgrade projects.
The contract has been awarded to construct the duplication of a major road in Melbourne’s eastern suburbs, the project manager has revealed to Projectory.
Projectory has learned that the tender for a major road project is expected to be released in the next four weeks.
A key contact has advised Projectory applications are being taken on for a major government communications project.
The next stage of a run-down Melbourne public housing district is set to commence construction, with plans submitted for a $40 million residential apartment complex likely to be approved early next year.
The contract has been awarded for a major Melbourne bridge construction project.
The $450 million expansion of a suburban Melbourne shopping centre is expected to boost the local construction industry with the creation of 8,000 jobs.
A Vicroads key contact has revealed to Projectory that early planning is underway into the scope and nature of a proposed road link from two major Melbourne arterials.
The overwhelming majority of industrial suppliers and service providers are upbeat about their outlook for the major projects economy, according to the latest Projectory Quarterly Survey of Business Expectations.
