Bundaberg (Port)

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Port of Bundaberg to become economic hub

State Government will investigate creating a State Development Area at the Port of Bundaberg to facilitate economic development and jobs growth. The news comes as the Palaszczuk Government announced it would increase funding to the Bundaberg gas pipeline from the LNP’s $11 million to almost $20 million in a bid to build the port into an economic hub for the Wide Bay region. Ms Palaszczuk said the government had cemented the future of the Bundaberg gas pipeline and reached a fixed-price contract of $19.8 million with Australian gas Networks Limited to design, deliver and operate the pipeline and support job development now, and into the future. “We know this project is important for local industry in Bundaberg and Maryborough,” Ms Palaszczuk said. “This is a 26km pipeline and every centimetre and every dollar of the $19.8 million investment is an investment in jobs. “Construction of the pipeline itself will support 45 jobs, including up to 15 local construction jobs, and support already planned private investment such as Knauf Plasterboard. “Essential infrastructure like the gas pipeline means Knauf and others will be able to benefit into the future.” Member for Bundaberg Leanne Donaldson said Knauf was set to invest $70 million in its plant at the port. http://www.hellenicshippingnews.com/port-of-bundaberg-to-become-economic-hub/