AusRAIL, Market Sectors

Queensland push on ports and rail

<p>The Queensland Government will spend $558m on the state’s ports, treasurer Anna Bligh said yesterday (Tuesday, June 5.</p> <p>The Port of Brisbane will receive $212.6m in the state’s Budget to continue development, including the Hamilton site redevelopment, and construction of more berths at Fisherman Islands.</p> <p>The Port of Gladstone will receive $105.9m of the ports infrastructure spending haul.</p> <p>The injection into the port’s RG Tanna coal terminal includes:</p> <p>&#8226 $103m for construction of stockpiles 19, 20 and 21, and a third outloading stream</p> <p>&#8226 $2.4m in 2007&#4708 for an improved dust suppression system throughout the terminal and</p> <p>&#8226 $500,000 in 2007&#4708 to complete the $16.1m third rail loop at the terminal.</p> <p>A further $12.6m will be invested in minor plant and equipment across the port of Gladstone, including upgrades to ship loading facilities at Barney Point coal and general cargo terminal, the Auckland Point general cargo terminal and new berths at Fisherman’s Landing. </p> <p>A further $28m of state funds has been granted to continue the $116m expansion at Abbot Point Coal Terminal, and $963,000 has been allocated to continue upgrading infrastructure at the port of Bundaberg, including the purchase of a dual purpose pilot and marine survey vessel.</p> <p>Queensland Rail will see $163.4m for new and upgraded locomotives and wagons for coal haulage, in addition to $187.6m for rail corridor duplications and passing loops to allow for increased coal haulage.</p> <p>Rail intersections between Rockhampton and Cairns will be upgraded with a $1.8m funding allocation.</p> <br />