Mitchell Shire Council welcomed the Federal funding commitment of $750 million for the Camerons Lane interchange on the Hume Fwy at Beveridge.
This takes the total Federal Government commitment towards the project to $900 million.
The funding will see a full diamond interchange built on the Hume Fwy at Beveridge, providing essential connections to Melbourne and regional Victoria.
Camerons Lane interchange will unlock 20,000 jobs and more than 30,000 homes, making it a truly transformational investment for Victoria’s fastest growing community.
This critical piece of infrastructure is essential for the development of the Beveridge Intermodal Precinct and the future Northern Freight Precinct.
Mitchell Shire Council has continued to support the development of the BIP, which will bring much-needed jobs to the region.
Mitchell Shire Mayor Louise Bannister said the interchange had been a top priority for council and the community for many years.
“This is a fantastic example of the delivery of much-needed infrastructure to support growing communities,” Cr Bannister said.
“The BIP will fundamentally reshape freight and logistics on Australia’s eastern seaboard. It is very exciting that Beveridge and Mitchell Shire sit at the heart of this transformation.
“This transformative project is projected to create approximately 20,000 jobs in our region, both during construction and ongoing operations.
“We’re really excited about the opportunity the Camerons Lane interchange will bring to unlock development in the BIP. We can’t wait to see local jobs on the ground for our community.”