Sydney Airport (ASX:SYD) has announced that the Sydney Gateway project is to proceed.
Sydney Gateway will pass through Sydney Airport land to the North of the airport and create direct motorway access to the domestic and international terminal precincts.
CEO, Geoff Culbert says Sydney Gateway is a game changer for reducing congestion around the airport.
Sydney Airport and the NSW government will collaborate over the next three years to develop further ground transport projects.
Shares in Sydney Airport (ASX:SYD) closed 0.14 per cent lower to $7.32 yesterday