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Canadian Road Safety News Digest
Regina bypass will improve safety and save $380 million
Last Updated on September 15, 2015
Government of Saskatchewan (REGINA, SASKATCHEWAN)
The Government of Saskatchewan announced it is investing $1.88 billion to build the Regina Bypass, the largest infrastructure project in Saskatchewan’s history. This includes the cost of design, construction, finance, operations, and maintenance over the life of the contract in today’s dollars. By using a public-private partnership (P3) model the government will save $380 million, or 16.8 per cent.
In recognition of the bypass’ important contribution to improving public safety and supporting continued economic growth in Saskatchewan, the Government of Canada, through PPP Canada, is investing up to $200 million in the project.