PORT of Townsville announced it had received approval to fund a $27.3m investment into new cranes and cargo-handling infrastructure.
During a visit to the Port last month, Queensland deputy premier and treasurer Jackie Trad said the investment would maximise the use of the newly developed Berth 4 as a multi-user berth.
“Berth 4 is expected to be finished by early next year and the additional terminal storage capacity and infrastructure will attract future growth for the Port and help to support our North Queensland exporters,” she said.
State minister for ports Mark Bailey said, “This approval allows the Port to invest in its own cranes and cargo handling infrastructure to drive growth of container and general cargo at Berth 4 in the short to medium term”.
Member for Townsville Scott Stewart said that the activity is part of the Port’s long-term strategic vision to become the premier container port for Northern Australia.
“Here in Townsville we are perfectly positioned to grow our local export market capitalising on its strong diversity of trade and close proximity to Asia,” he said.
The Palaszczuk Government committed $75m in the 2017/18 budget into the channel project and has called on the Federal Government to contribute to the project.
“The state has approved an environmental impact statement for the project and is eagerly awaiting final assessment from the federal regulators,” Ms Trad said.