The commitment by the State Government and TransAlta for the development of the South Hedland power station has been welcomed the Chamber of Minerals And Energy of Western Australia (CME).
“The project will help ensure the long term energy security for the resources sector as well as residents and businesses in the Pilbara,” said CME Chief Executive Reg Howard-Smith.
The Western Australian resources sector relies on a range of public and private infrastructure to deliver successful projects, including transport, power, water, accommodation and social infrastructure.
“In an increasingly competitive environment, quality infrastructure, built and operated efficiently, can be a key driver of the financial viability of projects,” said Mr Howard-Smith.
There are several factors limiting the government’s ability to fund future infrastructure projects including smaller than anticipated increase in consolidated revenue and larger than forecast increased spending in essential services.
“The State Government should be commended for entering into a public-private partnership solution which will provide the right outcomes for industry as well as the community,” said Mr Howard-Smith.
Earlier this year CME released the Investment in Resources Sector Infrastructure Report which explores ways in which government and the private sector can partner to meet the infrastructure requirements of WA’s resources sector. For a copy of the report follow the link.