The NSW Government will set aside funds from a new round of asset recycling to upgrade Sydney's iconic Circular Quay wharves, Premier Mike Baird, Minister for Transport Andrew Constance and Minister for Finance, Services and Property Dominic Perrottet announced today.
"Circular Quay should be the jewel of Sydney Harbour and today we are committing at least $200 million to make it shine," Mr Baird said.
"We're working at a rapid pace to deliver Tomorrow's Sydney and everywhere you look there are cranes in the sky and construction sites in full swing."The $200 million in funding for the upgrade will be reserved in the NSW Government's infrastructure fund, Restart NSW.
The funds will be generated by the divestment of some select assets currently held by the Sydney Harbour Foreshore Authority (SHFA) deemed to be not of long term strategic importance.