Thursday, June 30, 2016
63 million in funding to pave Trans-Labrador Highway #nlpoli
The federal and provincial government is committing $63 million in joint funding to pave another 160 kilometers of the Trans-Labrador Highway's gravel surface with asphalt.
Route 510 from 15 kilometers west of the Charlottetown intersection to Red Bay and is part of a long-term initiative to complete the widening and paving of Labrador's only highway and main public road. Once complete, the project will encourage tourism in the area, save residents money on vehicle upkeep, increase driver safety, and allow businesses to import and export goods faster.
The total estimated cost of this project is $63,893,500, with $31,671,750 coming from the Government of Canada through the New Building Canada Fund's Provincial-Territorial Infrastructure Component-National and Regional Projects, and $32,221,750 coming from the Province of Newfoundland and Labrador.
