Victorian Premier delivers major boost for port

Victorian Premier Denis Napthine has announced the $110 million funding to progress the Port of Hastings development.

Visiting Hastings with Minister for Ports David Hodgett, Dr Napthine said the announcement was a landmark occasion that reaffirmed the Victorian Government’s vision for the ports and freight sector and recognised its key contribution to Victoria’s economic growth.

“We came to Hastings with great news for Victorian jobs, the economy and the local community,” Napthine said. “Decisive action is being taken to build a second Victorian container port and ensure this State remains the freight and logistics capital of Australia.

“We will provide $110 million across the next four years to complete the work required to start building a world-class container port with land-side transport connections at Hastings.

“Containerised trade in Victoria is predicted to quadruple by 2035 and the only way to provide certainty to meet this expected demand is to invest in infrastructure.

“With this land and Hastings’ status as a naturally deep port, there is no doubt that this is the best option for development to meet our growing freight needs,” Premier Napthine added.

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