- 2024-25 State Budget includes $373 million in
new funding for projects at Western Australia's ports
- Significant port infrastructure upgrades to
accommodate growth in trade
- Export and import trades to benefit from
expanded capacity
- Cook Government investing in infrastructure for WA's
economic future
The Cook Government's
2024-25 State Budget will include $373 million in new funding for projects at Western
Australia's ports, continuing the Government's investment in key infrastructure
to set WA up for the future.
The additional funding
will be allocated to a range of significant maintenance and upgrade projects,
enabling all the State's major ports between Broome and Esperance to provide
ongoing capacity for our forecast growth in imports and exports.
New projects to be
delivered with funding in the 2024-25 State Budget include:
- $117 million for major rebuilding and upgrade of
berths and mooring equipment at Fremantle, Kwinana and Esperance;
- $101 million contribution to a major new cargo
wharf project at the Port of Dampier;
- $84 million for sustaining capital works across
all ports;
- $17 million for essential roadworks at Utah
Point in the Port of Port Hedland;
- $16 million for recladding of bulk export sheds
at Geraldton and Bunbury;
- $14 million in funding for an industry-supported
Seafarers Centre at Port Hedland;
- $8 million for heritage renovation of historic
Albany port buildings;
- $6 million for infrastructure to support first point
of entry designation for Broome Port;
- $5 million for B Shed upgrade to improve the
visitor experience and further activate the Victoria Quay precinct; and
- $4 million for planning for proposed new facilities
in Esperance and Albany.
WA's port authorities are
all 100 per cent owned by the State and operate as Government Trading Entities.
All of these investment
projects are designed to ensure ongoing support for local employment and
regional economic development.
Western
Australia exported $263.5 billion of goods in the year to December 2023, and
most of those goods passed through the State's ports.
The
State's ports were also crucial in receiving the bulk of the $48.8 billion of
goods imported in the same 12-month period.
For more information,
visit ourstatebudget.wa.gov.au.
Comments attributed to Ports Minister David Michael:
"As a geographically
isolated State, Western Australia's entire economy depends on efficient port
infrastructure and associated land transport connections to support critical
import and export supply chains.
"These latest investments
across all our ports represent the Cook Government's commitment to not only our
export industries, but to the infrastructure we need to maintain the supply
chains of critical industrial and agricultural inputs.
"All of these projects
are investments in WA's economic infrastructure, to cater for existing trades
as well as new and emerging ones.
"The funding in our
2024-25 Budget is a strong vote of confidence in the State's future growth
potential."
