I visited Marsden Park to officially open the final stage of the $135 million upgrade of Richmond Road in Sydney’s north west.
I joined Minister for Roads Duncan Gay and local MPs Dominic Perrottet, Kevin Conolly and Ray Williams to open the final stage of the upgrade, which has been opened to traffic four years early and within budget.
The upgrade covered a five kilometre stretch of Richmond Road, which has doubled capacity and improved safety on the key arterial road connecting the growing suburb of Marsden Park with the M7.
The road used to be a single lane in each direction so the upgrade will be essential to Sydney’s newest suburbs where more than 70,000 new homes will be built in Schofields, Riverstone and Marsden Park. It’s now a four-lane divided road with enough room to cater for up to six lanes if needed in the future.
We wanted to deliver the road as quickly as possible for the local community, which is why it was one of the first projects to be fast-tracked under our Housing Acceleration Fund.
We’re planning for the future, undertaking these road upgrades well before new residents and businesses move in. Families moving into this fast-growing region deserve infrastructure that makes their lives as easy possible and this upgrade will improve travel times, reduce congestion and improve safety, which is why I’m delighted we’ve been able to deliver this project four years ahead of schedule.
In other news, the location for the Sydney School of Entrepreneurship (SSE) has been decided.
The unique partnership between eleven NSW universities and TAFE NSW was announced in July with a $25 million investment from the Government. The initiative will help prepare our brightest university and TAFE students for business success. The SSE will be based at the TAFE campus at Ultimo and will be headed up by the former boss of the world renowned Stockholm School, Nick Kaye.
The Stockholm School has a reputation for educating students who have gone on to extraordinary business success and I hope we can replicate the same model here in Sydney. Under Nick’s leadership, students at the Stockholm School went on to found companies worth more than a billion dollars so we’re very excited he’ll be bringing his skills and experience back to Australia. The school will complement our efforts to make NSW Australia’s start-up state, and will hopefully encourage more primary and high school students to study maths and science.
We’re investing in innovation in NSW to provide students with clear pathways to receive the education they need to secure jobs into the future. We’re embedding the Sydney School of Entrepreneurship within TAFE to allow our brightest students and budding entrepreneurs to access education, information and networks to develop their skills and become highly skilled business leaders.