Australia Set for a Long Term Boom in Maintenance Construction
According to the Maintenance in Australia report by BIS Oxford Economics, 2022…
24 February 2020
The Victorian Government has granted approval for the construction of a new on-dock rail to be built at the Port of Melbourne.
The proposed Port Rail Transformation Project has been established by the Port of Melbourne Operations, and is projected to have a price tag of $125 million.
This development forms part of the governmentâ€™s plan to improve the economic progress of the port. It currently contributes $6 billion to the stateâ€™s economy and acts as a major part of the agriculture supply chain in the state.
Brendan Bourke, Port of Melbourne CEO said, â€œWhile road transport has long done the heavy lifting when it comes to freight transport to and from the Port, as our population grows and national and international trade increases, we need rail to take a greater share of this task.â€
The scope of work covers construction of new on-dock rail terminal capacity, including a new on-dock rail terminal at Swanson Dock East.
A few key facts:
â€œWe anticipate procurement will commence in the second quarter of this year, with construction to commence as soon as possible thereafter,â€ Mr Bourke said.
The project is due to be completed in 2023.