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Australia Country Report
Business

Port of Brisbane positioned as premier gateway to Asia

Creating an efficient interface for trade, the Port of Brisbane is fundamental to the economies of Queensland and New South Wales. As Queensland's largest multicargo port, it is the gateway for more than A$50 billion (HK$285.6 billion) of freight each year, including about 50 per cent of the state's international trade and about 95 per cent of container traffic. Most of this trade, encompassing agricultural products, coal, motor vehicles and other consumer goods exports, is focused on Asia. 

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Peter Keyte, general manager for trade services

Creating an efficient interface for trade, the Port of Brisbane is fundamental to the economies of Queensland and New South Wales. As Queensland's largest multicargo port, it is the gateway for more than A$50 billion (HK$285.6 billion) of freight each year, including about 50 per cent of the state's international trade and about 95 per cent of container traffic. Most of this trade, encompassing agricultural products, coal, motor vehicles and other consumer goods exports, is focused on Asia. 

"We're blessed in terms of our location, being closer to Asia than the southern ports," says Peter Keyte, general manager for trade services at Port of Brisbane (PBPL), the company that manages and develops the busy port. "Brisbane has the most attractive attributes as an access point for the Australian market, whether for imports or exports." 

Trade flows without delay at the Port of Brisbane. Located on the east coast of Australia, the capital city port has abundant infrastructure, including an efficient entry to market through direct connectivity to Australia's major road and rail networks. 

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Strategically located at the mouth of the river, the port can be readily expanded to accommodate new trades. For instance, with increasing traffic of refined fuel and agricultural products, PBPL is investigating ways to optimise its channel to accommodate larger ships at the port. 

This is part of continuing efforts to ensure high efficiency at the Port of Brisbane, which reduces the overall cost of the logistics chain for port users. The port is hoping to create a similarly seamless flow of passengers through investment in a new cruise ship terminal. 

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Over the long term, PBPL is championing a dedicated freight rail solution to allow a cost-efficient and uninterrupted flow of products from the hinterlands to the Port of Brisbane.

"We have a real opportunity to become Australia's premier access point for Asian goods given our ability to expand," Keyte says. "It's a great canvas to paint the future growth of trade in this region."

 

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Port of Brisbane
http://www.portbris.com.au
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