Sugar Terminals : Milestone at Port of Bundaberg - Common User Infrastructure Project

MEDIA RELEASE

MILESTONE REACHED FOR BUNDABERG PROJECT

Int reference: 175293

A NEW multi-million-dollar project to build Common User Infrastructure at the Port of Bundaberg is a step closer, with the detailed plans complete and tenders now open to local businesses.

Gladstone Ports Corporation (GPC) and Sugar Terminals Limited (STL) signed a Memorandum of Understanding (MoU) in 2019 to expand on existing cargo handling capabilities and have been working tirelessly to deliver the new enabling infrastructure.

Once complete the Common User Infrastructure will provide an opportunity for the Wide Bay region to increase exports of bulk commodities including minerals, timber products (wood pellets and woodchip) and agricultural products such as grains and pulses.

It's expected the new capability at the Port of Bundaberg will increase economic activity for the Wide Bay region and provide opportunities for local producers to compete in world markets.

Member for Bundaberg Tom Smith said the call for tenders was a positive step forward for the region.

"Delivering improved infrastructure that will support our export operations is a big boost for Bundaberg and for Queensland as a whole," Mr Smith said.

"This opportunity brings with it a pipeline of jobs from design, installation and commissioning - boosting our economic recovery from COVID-19.

"I look forward to seeing this project progress, to the benefit of our community and local industries."

Port of Bundaberg Manager Jason Pascoe said GPC and STL were now on the hunt for bids from local businesses before tenders close on 21 January 2022.

"It's a really exciting time at the Port of Bundaberg," Mr Pascoe said.

"The plans are now complete and we're looking to engage local businesses to participate in formal tender processes for the supply, fabrication, installation and commissioning of a new common user system at the Port of Bundaberg," he said.

GPC Acting Chief Executive Officer Paul Heagney said the detailed plans signalled a major milestone for the project.

"We've been working around-the-clock with STL on this project and to now go to market with a detailed design is a great achievement," Mr Heagney said.

Gladstone Ports Corporation Limited

T: [phone] • Fax: [phone] • 40 Goondoon St/PO Box 259, Gladstone QLD, 4680, AUSTRALIA • www.gpcl.com.au

ACN 131 965 896 ABN 96 263 788 242

MEDIA RELEASE

MILESTONE REACHED FOR BUNDABERG PROJECT

Int reference: 175293

"The project is in conjunction with our strategic planning work to promote the Port of Bundaberg and

surrounding State Development Area and we're excited to see the project stimulate industry growth for the

region," he said.

STL Chief Executive Officer David Quinn said the project, following final approvals, would generate

significant employment opportunities for the region and attract new commodities to the Port.

"The new infrastructure will have the capacity to provide customers with competitive loading rates and pricing. This will allow the region to develop projects with certainty on costs and Port availability," Mr Quinn said.

"The project has been designed to complement our existing sugar handling operations which will minimise costs for all customers" he said.

More information on the tender opportunity visit www.qtenders.hpw.qld.gov.auand search CUI.

Figure 1: Detailed plans of the new Common User Infrastructure which are now public on QTenders.

Gladstone Ports Corporation Limited

T: [phone] • Fax: [phone] • 40 Goondoon St/PO Box 259, Gladstone QLD, 4680, AUSTRALIA • www.gpcl.com.au

ACN 131 965 896 ABN 96 263 788 242

MEDIA RELEASE

MILESTONE REACHED FOR BUNDABERG PROJECT

Int reference: 175293

Figure 2: Detailed plans of the new Common User Infrastructure

For further information or images please contact:

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Corporate Affairs Team

Gladstone Ports Corporation Limited

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Gladstone Ports Corporation Limited

T: [phone] • Fax: [phone] • 40 Goondoon St/PO Box 259, Gladstone QLD, 4680, AUSTRALIA • www.gpcl.com.au

ACN 131 965 896 ABN 96 263 788 242