At the same time, epidemic restrictions may also affect the schedule of some large projects.
The new state’s semi annual budget review may provide an update on infrastructure spending by the end of 2021.
“In many cases, there is a way to catch up.
At present, the Finance Department of Xinzhou is cooperating with infrastructure enterprises to study the impact of the epidemic on the industry.
(photo source: SMH) the analysis of Sydney’s construction industry by the Australian infrastructure Partners Association (IPA) estimates that major infrastructure projects worth a $7.8 billion will be directly affected by this restriction.
But in view of global connections, there is no doubt that some progress will be delayed.” the government’s large subway projects in Western and southwest Sydney are still in progress, and the subgrade of the state’s landmark westconnex Expressway continues to be constructed under the center of Sydney.
However, these restrictions will be lifted from today.
Constance said that the Department of transportation cooperated sincerely with the construction industry during the construction ban and hoped to continue to do so at the beginning of the inevitable negotiations on contract changes.
Dominic perrottet, new state finance minister, revealed that it is estimated that the delta epidemic in new state will increase the expenditure on major construction projects in the state by hundreds of millions of Australian dollars.
From today (September 27), construction sites in Sydney will resume 100% capacity operation.
The financial department is working with other government departments to accurately estimate the impact on the project cost, but given the large number of projects, it is obvious that the impact will be huge.” Sydney’s construction industry was frozen for two weeks in late July, when the city was trying to control the rapid spread of delta epidemic.
Major infrastructure projects worth nearly a $8 billion, including the new airport and southwestmetro, suspended construction in Sydney’s “epidemic area” from late July to the second week of August.
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Constance said that although the time lost due to the blockade and construction restrictions in 2021 can be made up for in some major flagship infrastructure projects, the schedules of other projects may be affected.
“Our initial estimate is that this may cost NSW about a $500 million.
Andrew Constance, director of transportation of new state, said that the delta epidemic in Sydney and the two-week construction ban on construction sites will increase the cost of major infrastructure projects in new state by about a $500 million.
He said that the blockade caused by the delta epidemic has caused “significant interference” to the state’s $108 billion infrastructure projects, which will inevitably affect the project cost.
Since then, the construction site has been operating at 50% capacity.