The Federal Labor Government will contribute almost $4 million towards the upgrade of key sections of Thunderbolts Way, a key regional transport and freight route in northern New South Wales.
Thunderbolts Way is an important regional road, providing the most direct and quickest link between Newcastle and the Northern Tablelands servicing a regional population of around 144,000 people.
Despite being a main road, many travellers are choosing to take a longer, alternative route, in order to avoid its deteriorating condition.
Upgrading this important regional link will improve safety and accessibility for all motorists and heavy vehicle drivers.
The focus of the project will be to repair, widen and strengthen the poorest sections of the road in and around Gloucester, Walcha and Uralla to enable traffic to travel safely along this route.
This project is a good example of the real benefits of targeted, long-term investment in regional communities.
It is estimated that the project will create six jobs during construction but the potential flow-on benefits for local industry are expected to be far greater.
Local businesses will also benefit from this project, with an expected increase in the number of travellers passing through the region.
Funding for the upgrade to Thunderbolts Way is being provided through Round Four of the Australian Government’s Regional Development Australia Fund.
Information on the Regional Development Australia Fund can be found at www.regional.gov.au