Home' Future Building: The Australian Infrastructure Review : July 2011 Contents futurebuilding 39
Volume 2 Number 1
GROWING AND WORKING TOGETHER
trade 2000/01 to
ww w.sydneypor ts.com.au
SYDNEY’S PORTS FACILITATE OVER
$50 BILLION OF TRADE EACH YEAR,
WITH AN ANNUAL CONTRIBUTION TO
THE NEW SOUTH WALES ECONOMY IN
EXCESS OF $2.5 BILLION.
To meet the future demands of international trade,
Sydney Ports is increasing capacity at Port Botany
with the construction of a third container terminal.
The $1 billion Port Botany Expansion is due to be operational
in 2012, providing more options for importers and exporters.
For more information please visit www.sydneyports.com.au
High expectations that New South Wales would
be the beneficiary of billions in federal infrastructure
funding for new transport links amounted to nothing
beyond planning study support and the funding for
the Hunter Expressway. The state was even forced to
return the money it received for planning studies,
because it axed the Sydney Metro while it was in the
In spite of much of the media commentary at the
time, it wasn’t the merit of the projects like the M4
East or Metro network that stopped them winning
support. Nor was it a lack of quality in individual
submissions. Rather, it was the lack of an integrated
strategy for the state’s infrastructure networks that
meant New South Wales fell at the funding hurdle.
O’Farrell has already tasked Infrastructure NSW
as the primary interface with Canberra for federal
funding; and there have already been several rounds
of meetings between O’Farrell and Prime Minister
Gillard, as well as Federal Infrastructure Minister
There are still funding issues to be resolved,
not least the competing priority commitments of
the Parramatta to Epping Rail Link (PERL) and the
North West Rail Link – but there are positive signs
that a resolution may yet be reached.
Whatever the case, the election of the O’Farrell
Government clearly holds a lot of potential for
new thinking and renewed momentum to plug
the infrastructure gap. And it’s clear the new
government recognises the need to engage the
know-how and investment of the private sector if
it is to begin to tackle that challenge.
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