Location: Sydney NSW
Project Manager: MIC
Project Owner: SIMTA
Stage: Committed What does this mean?
Jobs: Up to 7,000 new jobs. Check this link for available roles
Port Botany is critical to the Australian economy as it handles more than $60 billion in trade each year, contributes $2.5 billion to the NSW economy and generates 17,000 jobs.
More than two million twenty foot containers currently pass through the port each year, which equates to around 5,000 containers traveling to and from the port by road each day. Conservative growth forecasts at Port Botany anticipate these figures to increase to at least 6 million containers a year by 2040, which equates to 14,000 containers travelling to and from the port by road each day if we don’t develop more intermodal capacity in Sydney. Less conservative forecasts predict Port Botany’s throughput will grow to as many as 9 million containers a year by 2040.
Sydney’s freight handling capacity is increasingly constrained by a heavily congested road network so more containerised freight needs to be moved by rail. The Moorebank intermodal freight precinct means the number of containers travelling between Port Botany and west/south west Sydney will only grow to 11,000 a day by 2040, rather than 14,000.
Reduce road congestion for a better environment
The Moorebank intermodal freight precinct will enable containers moving between Port Botany and south-west Sydney to undertake much of their journey by rail. This will reduce the projected growth in road freight traffic from Port Botany, with up to 3,000 fewer truck journeys travelling to and from Port Botany a day, which equates to 60,000 fewer kilometres traveled by import-export freight trucks on Sydney roads each day. This reduction in truck travel will reduce the growth in congestion across the Sydney network, reduce travel times, and increase the reliability of trip duration.
The Moorebank intermodal freight precinct will also reduce the amount of interstate freight being transferred by truck through Sydney’s roads and on the national highway network.
As many as 7,700 jobs are expected to be created through the Moorebank intermodal freight precinct. Development of the intermodal freight precinct will also create jobs in the broad range of industries that service the terminal and its staff. These industries range from construction suppliers to retail, financial services, food outlets and health services.
Around $9 billion in economic benefits will be created over 30 years through the improvements to productivity as well as reduced business costs, reduced road congestion and better environmental outcomes. This includes $120 million a year for the economy of south-western Sydney.