The Federal Government has announced that National Intermodal will support the delivery and operation of intermodal terminals as part of the $14.5 billion Inland Rail Project.
The Federal Government announced that the Moorebank Intermodal Company will have its mandate expanded to become National Intermodal Corporation (National Intermodal) in order to support the delivery of the project infrastructure.
The Inland Rial project is Australia’s largest freight rail infrastructure project and will consist of over 1700 kilometers of rail connecting Melbourne and Brisbane via regional Victoria, New South Wales and Queensland.
The Federal Government’s investments in these terminals, in Melbourne and Brisbane, will drive improved freight outcomes and productivity, and will increase competition in the sector by ensuring open-access arrangements across the network.
Complementary intermodal terminals in Melbourne and Brisbane will further support the Federal Government’s investment in Inland Rail, which will create more than 21,500 jobs at the peak of construction with a potential boost of more than $18 billion to GDP during construction and over the first 50 years of operation.
These intermodal terminals will play a significant role in the consolidation, storage and transfer of freight between rail and road at the beginning and end of each rail journey. The terminals will also provide connectivity to ports, regional networks and other capital cities and locations.
Chair of the Moorebank Intermodal Company, Erin Flaherty said that collaboration would be key to achieving the desired outcomes for the project.
“National Intermodal will work with the Federal, State and local governments, the Australian Rail Track Corporation, above-rail operators and industry to ensure commercially sustainable, fit-for-purpose terminals are delivered,” he said.
Construction on the Inland Rail Project commenced in 2018 and is anticipated to be completed in 2027.
For more information on the Inland Rail project, click here.
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