Bidders line up for Aussie port
With the deadline for expressions of interest expiring today, the Esperance Port Authority CEO Shayne Flanagan said 33 companies have registered to participate in the design, build, finance and operation tender.
He said the "response has come from a wide range of interested parties including financiers, engineering firms and port operators".
The new facility will accommodate the state’s iron ore boom and enable the mining companies to capitalise on approximately $95m more in annual profits. In addition, the expansion would create more than 3,200 jobs and boost the state’s economy by $627m per year.
Currently the Esperance port can handle 11.5 million tonnes per year, but design and feasibility studies will confirm what the expansion project will bring.