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Labor’s Infrastructure Plan Falls Short

Release Date: 19/02/2015
The Sydney Business Chamber says the decision by Labor not to support the leasing of the State&rsquo;s poles and wires, would leave NSW well short of the funds needed to address the congestion challenges facing Sydney.<br /> &nbsp;<br /> Patricia Forsythe, Executive Director of the Sydney Business Chamber said, &ldquo;Without a bold initiative, Sydney is destined to crawl to the next decade with major infrastructure projects stuck in the doldrums.<br /> &nbsp;<br /> &ldquo;Labor&rsquo;s &lsquo;affordable solution&rsquo; to fund infrastructure is a handbrake on essential projects designed to get Sydney moving.<br /> &nbsp;<br /> &ldquo;Sydney needs action now to resolve the infrastructure backlog that has resulted in a $5 billion congestion burden for the City.<br /> &nbsp;<br /> &ldquo;The scrapping of Stage 3 of WestConnex will exacerbate the &lsquo;Sydney problem&rsquo; of motorways and their &lsquo;missing links&rsquo;.<br /> &nbsp;<br /> &ldquo;The delay of the second harbour rail tunnel project until 2022 will prevent Sydney from realising the full benefits of the North West rapid transit project.<br /> &nbsp;<br /> &ldquo;Mrs Forsythe said, &ldquo;The redirection of funds from the Parramatta Light Rail project to fund other projects is an extraordinary slap in the face for the emerging economy of the Parramatta region and will be disappointing to those businesses that are working to develop Parramatta as Sydney&rsquo;s second CBD.<br /> &nbsp;<br /> &ldquo;Sydney simply cannot afford a modest solution.<br /> &nbsp;<br /> &nbsp;<br /> <strong>Media contact: Patricia Forsythe 0418 165 466 or Kate Bryant 0424 186 367</strong>

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