As reported on AFR TCL are looking to buy the remaining 49% stake in the NSW WestConnex and is being described as the most logical buyer.
If Transurban is successful in acquiring the remaining tranches of Westconnex, its dominance of Sydney’s roads will be even more complete. WestConnex is the collective name for a series of 3 major motorways in Sydney. It involves an extension and widening of the existing M4 motorway (linking Sydney’s inner west with the Blue Mountains). It also involves duplication of the existing M5 tunnel (which has just been completed) as the M8 motorway. As well as a new motorway linking the M4 motorway with the M8 under Sydney’s inner west.
With borders slowly dropping this might be time to increase? (A thought and not financial advice)
