The economic impact of EastLink

In 2003, the State Government of Victoria announced the commencement of the Mitcham-Frankston Project, or 'EastLink'. EastLink will be a new multi-lane, free flow electronic toll road that connects the end of the Eastern Freeway in the eastern suburbs of Melbourne to the Frankston Freeway in Melbourne's southeast. The project involves seventeen interchanges over 45 kilometres, including 86 bridges and six pedestrian overpasses. The project commenced construction in March 2005 and the expressway is expected to be operational by November 2008. While the financial costs of a project such as EastLink are generally well understood, the economic benefits of using EastLink are less observable and, therefore, are more complex to quantify. Nevertheless, the value of benefits can be measured using a suitable set of economic appraisal techniques and assumptions. The Allen Consulting Group has been engaged by the Southern and Eastern Integrated Transport Authority (SEITA) to use such methods to assess the economic impacts of the EastLink project.

• Record URL:
  • http://www.connecteast.com.au/downloadFile.aspx?file_id=358
• 
• Corporate Authors:

  Southern and Eastern Integrated Transport Authority (SEITA)

  Glen Waverley, Victoria   

  The Allen Consulting Group

  ,    
• Publication Date: 2006-8

Language

• English

Media Info

• Pagination: 50p

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Economics; Evaluation; Mathematical models; Project management; Road construction; Toll roads
• Geographic Terms: Melbourne (Australia)
• ATRI Terms: Cost benefit analysis; Modelling; Project evaluation; Road construction; Transport economics
• Subject Areas: Economics; Highways;

Filing Info

• Accession Number: 01385415
• Record Type: Publication
• Source Agency: ARRB
• Files: ATRI
• Created Date: Aug 22 2012 6:52PM