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27 November 2015 The on-line newspaper devoted to the world of transports 07:22 GMT+1

June 12, 2012

Port Kembla to be privatised to fund major road projects


THE Port Kembla shipping facilities near Wollongong will be privatised with the proceeds used to fund major road projects across NSW.

The announcement by NSW Treasurer Mike Baird follows a provision in last year's budget that the Port Botany shipping terminal would be leased for 99 years.
The NSW government will conduct a scoping study to decide how Port Kembla should be leased, and if the Illawarra terminal and Port Botany should be sold off together ......
Read more on The Australian

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