Construction of The Moorebank Intermodal Terminal is expected to create over 3,000 jobs in Sydney’s south-west suburbs.
The $2 billion project will feature a new rail link from Port Bay that leads to warehousing facilities in Moorebank.
It is anticipated that the new terminal will create 1,650 full-time construction jobs.
The Moorebank Intermodal Company (MIC) is aiming to begin development by mid-2015 and complete the project by 2017.
It has been calculated that a further 1,700 people will be hired in warehousing and operation roles upon the completion of the terminal.
The intermodal terminal is intended to be a private sector project carried out with Government assistance. In May 2014, MIC assessed expressions of interest from potential developers and later announced it would begin negotiations with the Sydney Intermodal Transport Alliance.
Other expressions of interest will be considered if an agreement on the development and operations cannot be reached.
Despite some opposition from locals in the community, many others anticipate that the terminal will greatly benefit workers and businesses while also reducing traffic congestion along Sydney’s roads.
The Moorebank Intermodal Company has outlined a number of economic and environmental advantages to building the terminal. In addition to creating thousands of new jobs, the project will improve productivity and save 19, 800 tonnes of C02 emissions per year.
The project will enable freight to be more efficiently transported by rail. It is estimated that this will remove 3,000 trucks from Sydney’s roads each day.Freight businesses can also look forward to reduced costs and better reliability.
An Environmental Impact Statement will be released in September 2014, allowing community members to provide comments on the plans.
Senator Penny Wong has described the project as “an example of government working with the private sector to bring about an infrastructure project in the best interest of the state and the country.”
MIC has promised to work closely with the local community and local government, ensuring that the development is designed to minimise noise.
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