Labor Vows To Pour In $2.2bn For Victoria's Suburban Rail Loop
Albo's big spend in Melbourne
Labor continues to pledge big spending ahead of the Federal Election, pushing for more voters in Victoria with a contribution to traffic infrastructure.
Anthony Albanese said $2.2 billion will go towards the Andrews Government's Suburban Rail Loop project, which is a long-term investment to ease congestion on Melbourne's roads.
The cash splash was announced alongside Premier Daniel Andrews on Tuesday from Box Hill.
"This is a nation-building project," Mr Albanese told reporters at Box Hill.
"Our initial commitment is what we're making today, which is $2.2 billion. What that will do is should give the Victorian government confidence that they'll have a partner with the national government."
Following the 2018 Victorian state election, the rail loop project was announced with an estimated cost tallying $50 billion.
The proposed 90km route will help link eastern suburbs to key areas, such as the future airport rail and various western suburbs - reducing travel time by overpassing the city.
The rail loop was announced at the 2018 state election, estimated to cost $50 billion at the time.
As described by the Victorian Government, the project is a "once-in-a-generation opportunity to shape future liveability, productivity and connectivity" by connecting traffic corridors through bustling areas.
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