The City of Whittlesea has been granted $1.2 billion for the Beveridge Intermodal Freight Terminal (BIFT) in the federal government’s budget announcement.
This is in addition to the $280 million in funding for upgrades and buildings essentials to support infrastructure.
The announcement along with the federal government’s previous investment of $400 million brings the total to $1.88 billion.
Chair Administrator Lydia Wilson said the project would vastly improve roads and traffic congestion as well as boost the economy by creating jobs.
“Securing government funding for this project was one of Council’s major priorities in partnership with Mitchell Shire Council as part of our commitment to deliver a Strong Local Economy so we certainly welcome this announcement today,” she said.
“We know this project will not only increase local employment opportunities but also encourage additional investment in our rapidly growing northern region.”
BIFT is expected to contribute $3.5 billion annually into Melbourne’s north.