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The site of Sydney Ports Corporation’s new container terminal at Port Botany, New South Wales, has been handed over to Hutchison Port Holdings (HPH) for operator works. The AU$1.0 billion (US$1.1 billion) project is one of the most ambitious port expansion projects in Australia’s history. “Port Botany is this state’s premier container port and the Port Botany Container Terminal Expansion will double the handling capacity at the current port to meet the projected long-term trade growth for Sydney and NSW,†said NSW ports minister Duncan Gay. “We expect that the implementation of the third container terminal will create 9,000 new jobs and boost the State’s economy by AU$16 billion (US$17.5 billion) over the next twenty years.†The Port Botany Expansion project has established five new shipping berths along a new 1.85-kilometre wharf, created dedicated road and rail access to the port and rehabilitated the estuarine environment in Botany Bay. Source: Baird Maritime Â
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