Dec 16, 2010

Major Project Facilitation status for Newcastle Port’s T4

Major Project Facilitation status for Newcastle Port’s T4

The Hon Anthony Albanese MP

Minister for Infrastructure & Transport

Leader of the House

Member for Grayndler

December 16 2010

In recognition of its potential to assist Australia’s export sector take advantage of the global economic recovery, I’ve granted Major Project Facilitation (MPF) status to Port Waratah Coal Services Limited’s proposed Terminal 4 Expansion.

The multi-billion dollar project would involve building a new fourth coal terminal at the Port of Newcastle which could increase its annual coal loading capacity by between 45 and 90 million tonnes per annum (Mtpa), depending on NSW Government planning approvals and industry demand.

Importantly, this vital piece of export infrastructure would play a key role in making sure the Port is able to cater for the growing international demand for the Hunter Valley’s natural resources.

If given the final go ahead, construction could be completed by 2015. The project would create up to 500 construction jobs and a further 30 to 40 ongoing positions.

It would also complement the most extensive upgrade and modernisation of the region’s rail network in generations, funded as part of this Labor Government’s recession-busting, job-creating Economic Stimulus Plan.

Since coming to office three years ago, we have granted or renewed MPF status to projects worth more than $60 billion with the potential to create more than 36,000 jobs across the vital sectors of infrastructure, mining and resources and advanced manufacturing.