The driving force of economic growth in the next five years will be new resources projects. Projects with a combined cost of $400 billion are in the pipeline, most of them still to start construction. When they do, and when product starts to flow from the new mining enterprises, there will impacts throughout the economy.
One of those impacts will be demand for export facilities. Cities and towns with existing or proposed export infrastructure will be among the greatest beneficiaries.
Australia already has some of the world’s largest export ports. Newcastle is considered to have the biggest coal export facility worldwide and Port Hedland is a world leader in iron ore exports.
But unprecedented expansion is coming up.
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