- 2023-24 State Budget includes $136 million in new funding for projects at State’s ports
- Almost $1.9 billion to be invested over the coming four years at WA’s ports
- Investments will increase port capacity and diversify exports
- Major ongoing projects include Geraldton PMaxP and Lumsden Point expansion
The McGowan Government’s 2023-24 State Budget will include $135.8 million in new funding for projects at Western Australia’s ports, continuing the Government’s significant investment in expanding export capacity around the State.
The additional funding takes overall investment in the State’s ports over the coming four years to nearly $1.9 billion.
The additional funding in the budget will deliver key works including:
- Continued expansion of Geraldton Fishing Boat Harbour to support Geraldton Port Maximisation Project (PMaxP);
- Upgraded roads and berth facilities at Esperance Port;
- Replacement of ring main units at Mid-West Ports; and
- Electrical upgrades at the Ports of Wyndham, Derby, Albany and Bunbury.
The additional funding complements a number of existing significant projects that will be delivered at the State’s ports in the coming four years including:
- Expansion of Geraldton Port via PMaxP;
- Expansion of the Port of Port Hedland via development of Lumsden Point;
- Delivery of a new cargo wharf at Dampier Port; and
- Planning for a new container terminal through Westport.
For more information, visit https://www.ourstatebudget.wa.gov.au
As stated by Ports Minister Rita Saffioti:
“Western Australia is the engine room of our country’s economy, and our ports play a critical role in ensuring we can deliver to our customers across the world.
“We continue to see increasing demand for many of our exports including iron ore, gas and wheat, which is why we continue to invest in upgrading and expanding infrastructure at our ports.
“As the world transitions to renewables – we need to ensure our ports are equipped to export and import key commodities and infrastructure, and our investments over the next four years are focussed on delivering that. This will make sure Western Australia is in a strong position to capitalise from the transition.”
