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Less congestion with New Moorebank Intermodal Terminal

Release Date: 4/06/2015
The Sydney Business Chamber has described the signing of the agreement between Moorebank Intermodal Company (MIC) and the Sydney Intermodal Terminal Alliance (SIMTA) as an important step in the management of Sydney’s growth and will create a more efficient supply-chain for Sydney between the Port and Airport and the key markets in Sydney’s South and West.
The Executive Director of the Sydney Business Chamber, Patricia Forsythe said, “The Moorebank Intermodal Terminal is set to deliver over $9 billion of economic benefit into the NSW economy and will be a massive driver of jobs.
“The new terminal will enable more freight to make part of its journey by rail, reducing the need for container trucks travelling between Port Botany and West/South West Sydney.
“Today, around 5,000 containers travel to and from the port by road each day. Without the MIC agreement, this number could increase by as much as 300% by 2030.
“In dollar terms, this means over $9 billion in economic benefits through improved productivity, reduced business costs, reduced growth in congestion and a better environment.
“The proposed biodiversity off-set program along the Georges River demonstrates the community benefit that can be delivered from a major project such as the Moorebank Intermodal Terminal and is recognition that introducing a major infrastructure project into a community requires a strong local community benefit.
“Sydney is an importer of goods and the reality is that we can only manage future trade with new facilities,” said Mrs Forsythe.
Media contact: Patricia Forsythe 0418 165 466 or Kate Bryant 0424 186 367

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