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As Melbourne’s population continues to grow, community and
industry demands upon the metropolitan freeway network are also
growing.
In this report, we examine the funding and delivery of 2 freeway
upgrades: the completed Tullamarine Calder Interchange (TCI)
project; and the recently commenced M1 upgrade project. The State’s
contribution to these upgrades was funded through the encashment of
concession notes held by the State under the CityLink toll road
concession with the Transurban Group.
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