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PORT KEMBLA PORT CORPORATION. Presentation to SEATS. VISION. To be recognised as an efficient and competitive Port manager operating in a Sustainable Manner. We will promote and facilitate port trade and the provision of infrastructure and services providing;
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PORT KEMBLA PORT CORPORATION Presentation to SEATS
VISION • To be recognised as an efficient and competitive Port manager operating in a Sustainable Manner
We will promote and facilitate port trade and the provision of infrastructure and services providing; - commercial returns to shareholders - competitive advantages to our customers and port services operators - benefits to the community and the environment MISSION
GOALS AND OBJECTIVES • Economic performance – grow and diversify trade, build relationships, maximise long term net worth of PKPC • Environmental performance – provide leadership in port environmental matters • Social performance – a safe work environment, motivated employees and to be socially and environmentally responsible
RELATIONSHIP BETWEEN SEATS AND PKPC • Benefits the future of the Port and the region • Sends a good message to importers and exporters • Assists with the better understanding of each others needs
PORT DEVELOPMENT • 130 metre extension to MPB completed • $30 million private land side development behind the berth Jan 2006 – Dec 2006 • Construction of MPB 3 currently in progress – cost $40 million – expected completion mid 2007 • Planning for new berth EB 4 – cost $30 million expected completion – mid 2008 • Further land side development – cost $30 million expected completion mid 2008
PORT DEVELOPMENTS cont’d • Relocation of Tom Thumb road • Relocation of rail line to perimeter of the development • Capital dredging for new berths • Commencement of planning for future Outer Harbour reclamation
TRADE POTENTIAL • Break bulk • Containers • Motor Vehicles • Opportunity to establish fibre cluster precinct • Opportunity to establish steel receival/distribution facility
ECONOMIC BENEFIT • Economic value of Port throughput is approx $3 billion • Creates > 3900 direct and indirect jobs • Significant contributor to the regional economy • Total project cost $140 million • Multiplier 2.7 times
ECONOMIC BENEFITS cont’d • Additional Jobs approx direct/indirect 1000 • Additional Traffic Mt Ousley 0.6% - 0.8% • Increase in Ship Visits by approx 250 pa • Opportunity for Container Handling • Creation of a Fibre/Steel Cluster Precinct
Port Kembla Outer Harbour, Potential Reclamation & Development
MATTERS FOR CONSIDERATION • Heavy industry development – where next • Freight corridors – • - need to be planned and protected • - need to be adjacent to industrial estates • Sustainable development • Planning approval process