The NSW government has confirmed it will sell its remaining 49 per cent stake in Sydney's WestConnex motorway to fund other transport infrastructure.
A consortium led by the toll road operator Transurban purchased a 51 per cent share in the motorway for $9.3 billion in 2018.
That money was used to fund the M4-M5 Link, NSW Treasurer Dominic Perrottet said, and the funds raised from the sale of the other 49 per cent will get the same treatment.
"Proceeds from any potential transaction will be invested into the NSW Generations Fund (NGF) and allow us to continue to build world-class infrastructure such as the Metro West train line from Sydney to Parramatta," Mr Perrottet said in a statement on Friday.
Once completed, the 33km WestConnex motorway will allow motorists to travel from Penrith to the city without traffic lights.
The motorway will be operated by Transurban, as agreed during the 2018 sale of the majority share.
