Home >  Blog >  Australian Government Funding: $2.0 billion

Australian Government Funding: $2.0 billion

Posted by Harleigh Raidal on 17 May 2021

$2 billion funding from Australian Government for intermodal Infrastructure.

Project description

A new intermodal terminal in Melbourne will increase efficiency and capacity of the national and Victorian freight industry by overcoming the constraints of the Dynon precinct and Melbourne's
broader freight network. It will also enable and maximise the benefits of Inland Rail by ensuring that Melbourne's freight infrastructure has the capability to efficiently accommodate the Inland Rail
service offering of double-stacked 1,800 metre trains and has the capacity to meet the increased rail freight generated by Inland Rail.


This initial investment includes the option for equity and/or debt funding through an appropriate commercial model. The Australian and Victorian governments are jointly undertaking further
planning, design development and delivery of a new Melbourne Intermodal Terminal at two potential sites: one at Truganina and the other at Beveridge which would connect to Inland Rail.
This investment by the Commonwealth towards the Melbourne Intermodal Terminal project is contingent on a matching contribution by the Victorian Government. A decision on the terminal
location is subject to further planning and negotiations between the Australian and Victorian governments.

To read more please download the PDF

Harleigh RaidalAuthor:Harleigh Raidal
About: Freight forwarding prodigy of over 3 years.

Get a Quote We will contact you right back as soon as possible.

ADDRESS

Suite 11, 10 Moorabool St Geelong
Victoria Australia 3220