Port of Townsville Expansion
Preferred bidder announced
Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.
The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.
The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.
The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).
Preferred bidder announced
A preferred bidder has been selected and is in exclusive negotiations.
Projects that have progressed to contractual close remain on ANZIP for 12 months.
ANZIP is focused only on major infrastructure activity, above the following thresholds:
Construction projects: > AUD$300m
Investable greenfield & brownfield: > AUD$100m
All greenfield and brownfield projects and divestments: > NZD $100 million
The circa $1.64 billion Townsville Port Expansion Project will involve a staged development of additional port facilities in the outer harbour as demand grows.
The circa $520 million Stage 1 of the Expansion Project will involve:
- construction of perimeter revetment structures for the initial reclamation area;
- development of Berth 12; and
- widening of Sea and Platypus Channels.
The Queensland Government announced in the 2017-18 Budget that it would provide $75 million towards the $193 million Port of Townsville Channel Capacity Upgrade in the form of a $62 million equity injection and $13 million in reinvested dividends from the Port.
The Channel Capacity Upgrade includes:
- widening the Playtypus Channel and Sea Channel connection;
- constructing rock walls and revetments for dredge material;
- establishing a quarry to supply marine-grade armour rock; and
- installation of navigation aids aligned with the new channel configuration.
The business case for Stage 1 of the Channel Capacity Upgrade was submitted to the Queensland Government in May 2017.
An additional two stages for the port expansion - Stage 2 (circa $520 million) and Stage 3 (circa $500 million) - would involve the creation of additional land, deepening the channels and construction of a further five berths. The indicative program of works outlined in the Additional Environmental Impact Statement (AEIS) has Stage 2 and 3 commencing construction in 2023 and 2030 respectively.
The Port of Townsville is owned and managed by the Port of Townsville Limited, which is a Government Owned Corporation who also own and manage the Port of Lucinda in North Queensland.