Budget will make down payment on Port expansion to boost jobs and trade
It was great to have the Premier, Annastacia Palaszczuk, and Minister Anthony Lynham out at our wonderful Port today the announce that the Palaszczuk Government’s State Budget will provide a down payment of up to $75 million for the Townsville Channel Capacity Upgrade (TCCU) project.
Just some of the benefits of the proposed upgrades include:
- creating 120 full time equivalent (FTE) jobs in Townsville during construction and support 8000 jobs in industries that rely on the Port
- lowering freight costs for North Queensland consumers and producers;
- allowing cruise tourism to further flourish by accommodating ships up to 300 metres