National Intermodal is developing the Beveridge Intermodal Precinct.
The project will be delivered across two stages. Stage One consists of delivery of a permernant rail link and freight terminal, and Stage Two consists of a co-located industrial land precinct and terminal capacity expansion.
The scope of Stage One includes delivery of a rail and terminal facility with an annual capacity of 200,000 twenty-foot equivalent units (TEU), hardstand and rail track, locomotive refuelling areas, and associated truck loading areas. The Beveridge Intermodal Precinct is expected to be the southern terminus for the Inland Rail project.
Further details on the dleivery of Stage Two have not yet been announced.
The terminal will be supported by a road connections package, which includes the Cameron’s Lane Interchange.
Key Dates
| Mar 2022 | Project Announcement |
| Dec 2025 | Contract Award |
| Jul 2028 | Expected Construction Completion |
Financing
| Equity Finance: | National Intermodal Corporation |
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The 2022-23 Federal Budget committed $1.2 billion in equity to the BIFT project through the National Intermodal Corporation. |
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Procurement
| Procuring Agency: | National Intermodal Corporation |
| Successful Tenderer: | John Holland |
PROJECT HISTORY
| Jul 2018 | The 2018 to 2050 Victorian Freight Plan: Delivering the Goods identified Western Interstate Freight Terminal (WIFT) at Truganina and Beveridge Interstate Freight Terminal (BIFT) as locations for potential future interstate freight terminals. The document further stated that the Victorian Government believed the WIFT should be developed first, and would align with the planned completion of Inland Rail Freight Corridor. |
| May 2021 | The 2021-22 Federal Budget committed $2 billion as a contingent allocation for a Melbourne intermodal terminal, with the option for the money being delivered as an ‘equity investment’. |
| Mar 2022 | The 2022-23 Federal Budget committed $3.1 billion for the Melbourne Intermodal Terminal Package over four years, including $1.9 billion in equity to be delivered through the National Intermodal Corporation, and $1.2 billion in funding. $1.2 billion was committed in equity for the BIFT project, while $740 million was committed in equity for the WIFT project. |
| Jun 2023 | National Intermodal completed a transaction to secure a 1,100 hectare site for the development of the Beveridge Terminal. The site is surrounded by a 500 hectare environmental buffer. National Intermodal also announced plans to establish a preliminary terminal available in 2025, with final completion of the terminal in 2029. |
| Dec 2025 | John Holland were awarded the Stage One Design and Construct contract for main works. Stage One is expected to be operational by mid-2028. |
