The Sydney Ports Corporation has officially awarded the Hutchison Port Holdings (HPH) management for 30 years of the third container terminal at Port Botany, which is currently under construction and will be completed in early 2013 ( of 18 December 2009).
"Port Botany - said the Minister for Roads and Ports of New South Wales, Duncan Gay - is the main container port of the state and the investment of a billion dollars for the expansion of the terminal operator at Port Botany will double the handling capacity of the port to meet the expected traffic growth over the long term for Sydney and New South Wales This project represents a massive investment for the future economy of New South WalesIt is one of the largest port infrastructure projects and innovative undertaken in Australia over the past 30 years. " "We expect - he added - that with the completion of the third container terminal, will create 9,000 new jobs and will be given a boost to the economy of the state 16 billion dollars over the next 20 years."
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