Tasmania's Port of Burnie is set to undergo an upgrade, with commercial agreements for the $12 million project recently finalised and the approved contractor, Fulton Hogan, poised to release an agreed construction schedule.
The joint project will see $4 million contributed by the Australian Government, $3 million from TasPorts, $2 million from the Tasmanian Government, $2 million from Toll Group, and $1 million from TasRail.
The project is expected to take 10 months to complete and will give the port a greater level of integration between sea and rail transport services, with rail services brought within the operational area of the port. The upgrade will also minimise truck movements within Burnie as a result.
TasPorts Chief Executive Officer, Paul Weedon, said the upgrade was a step in the right direction for the island state.
"This project is a great example of the public and the private sector working together to develop integrated freight solutions that benefit all parties – and ultimately the Tasmanian economy," he said.
Toll Shipping and Toll Tasmania General Manager, Tony Stewart, said the project will enhance the port's safety and boost efficiency and capacity.
"The redevelopment will allow us to increase our capacity to carry freight in and out of Tasmania," he said.
"A direct interface with the port and the railhead will help us take trucks off the roads and will increase our capabilities to move freight interstate and intrastate.