A US$78 million investment will be made by the Western Australian Government included in the 2022-2023 State Budget, as part of the development of Lumsden Point, increasing Port of Port Hedland capacity, diversifying trade and creating local jobs.
According to a recent report by ACIL Allen, an independent economics, policy and strategy advisory firm, Lumsden Point’s growth would boost Western Australia’s Gross State Product by US$9.5 billion and create 460 jobs per year.
Lumsden Point will...
https://container-news.com/federal-investments-to-boost-port-of-port-hedland-capacity/