Developer named for new Geraldton port
The Western Australia State Government has named Oakajee Port and Rail Pty Ltd as the preferred developer of the $2 billion Oakajee Port in the state’s Mid West region.
The company is a joint venture between Murchison Metals and Mitsubishi Corporation, which won the port development rights ahead of Yilgarn Infrastructure, an entity backed by Midwest Corporation.
The port and associated rail links will be built 20km north of Geraldton, a WA regional centre which features in the Boom Towns Hotspots report on hotspotting.com.au.
Premier Alan Carpenter says the Government will now negotiate with Oakajee Port and Rail to achieve a binding legal commitment, with the project feasibility study scheduled for completion by mid-2009. It’s hoped the new port will be operational by 2012.
