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Qube and Aurizon, acting together in the SIMTA consortium, will develop the whole Moorebank site in 2015, subject to approval from the boards of Qube and Aurizon along with government approval.
The precinct will include an open access import-export (IMEX) freight terminal with an ultimate capacity of 1.05m containers a year, and an open access interstate freight terminal with an ultimate capacity of 500,000 containers a year.
Minister for Infrastructure, Warren Truss, along with Finance Minister, Mathias Cormann, made the announcement in a joint statement. “The government welcomes a submission from the Moorebank Intermodal Company outlining its proposed approach for developing the Moorebank Intermodal Terminal,” the ministers said. Industry reaction was positive.
“This deal on Moorebank reduces the demand for public funding and allows the intermodal centre and supporting developments like warehousing to span both the Commonwealth and SIMTA owned land,” said peak body, Infrastructure Partnerships Australia.
Michael Kilgariff, Managing Director of the Australian Logistics Council, commented that “one of the keys” to moving freight to and from Port Botany is through the development of a unified, open access, Moorebank. “We therefore welcome confirmation that the Moorebank Intermodal Company and the SIMTA have agreed to develop the Moorebank site on this basis. “The announcement is an important milestone in the process to develop a much-needed intermodal facility in Sydney’s south west,” Mr Kilgariff said.
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