Pacific National and Wagner Corporation have welcomed the establishment of an independent panel of experts to resolve concerns regarding flooding along the Inland Rail route.
The two companies have joined as part of an initial business agreement to develop a rail freight and logistics hub in Toowoomba, alongside the Inland Rail corridor.
“Expert advice and reassurance about flood modelling and engineering solutions is urgently needed for both affected regional communities and future potential investors,” said Pacific National CEO Dean Dalla Valle.
The expert panel was formed in April 2020 and seeks to understand and alleviate the concerns of landholders on the Condamine floodplain, who have raised issues with the flood modelling which guided the design of Inland Rail. The panel’s draft Terms of Reference are currently available for public comment.
Dalla Valle said that the formation of the panel and the adoption of its findings is essential to realising the estimated $13.3 billion in benefits of the freight rail line.
“Make no mistake, in the current economic climate, private sector investment along the Inland Rail route will quickly dry up if this project gets ‘stuck in the mud’ on the Condamine Floodplain.”
As a leader of a locally-based business, non-executive chairman of Wagner Corporation John Wagner said that the panel was a step in the right direction.
“I’m heartened to see the Australian Government placing a keen focus and effort on resolving any remaining hydrological and engineering issues of the Inland Rail project across the Condamine Floodplain.”
Pacific National and Wagner Corporation highlighted that once the project passes its final hurdles, the community will immediately benefit.
“Inland Rail is largely a shovel-ready project, meaning hundreds of Queensland construction workers, contractors and suppliers can be mobilised quickly to help revive regional economies hard hit by years of drought and now the coronavirus COVID-19 pandemic,” said Wagner.
The partnership between Pacific National and Wagner Corporation is one example of the step change that could occur in Australia’s logistics network and supply chains. The companies are exploring the development of a rail to air intermodal terminal in Toowoomba that could export rail borne freight internationally from Toowoomba, via the Wellcamp international airport, located next to the proposed intermodal terminal. The logistics hub would also enable primary producers in the Darling Downs access to the national rail freight network, said Wagner.
“Wellcamp Business Park is the perfect place to develop a major logistics hub in south east Queensland. The Darling Downs is one of the most productive agricultural regions in Australia, while Toowoomba is an incredibly progressive and vibrant regional city.”
Dalla Valle also highlighted the community benefits that come with getting more freight on rail.
“Integrated with Inland Rail, a future Wellcamp Logistics Hub would help reduce road accidents and fatalities, traffic congestion, vehicle emissions, and road ‘wear and tear’,” said Dalla Valle.