Port of Newcastle shares diversification plans with region’s leaders at Hunter Business Chamber CEO Connect event
On Wednesday 14 October, Port of Newcastle joined the Hunter Business Chamber in hosting its CEO Connect event for 40 of the Hunter’s leading business identities.
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On Wednesday 14 October, Port of Newcastle joined the Hunter Business Chamber in hosting its CEO Connect event for 40 of the Hunter’s leading business identities.
The event was held at Harbourview Function Centre and attended by regional CEOs and Senior Executives of organisations belonging to the Hunter Business Chamber’s Hunter First membership.
Glenn Thornton, Port of Newcastle’s Executive Manager – Projects, shared the Port’s diversification plans and gave an overview of the Multi-Purpose Deepwater Terminal (MDT) project.
As a former CEO of the Hunter Business Chamber, Mr Thornton said the turnout demonstrated the high level of interest in the Port and its diversification projects.
“The Hunter Business Chamber’s CEO Connect events are an important forum for the Hunter’s leaders to network, share experiences and work in unison to help secure the long-term prosperity of the Hunter,” Mr Thornton said.
“The event brought together the Hunter’s business leaders at a timely point, when we need to work collaboratively in support of the Hunter’s economic recovery from COVID-19.”
Mr Thornton said the Port’s container terminal project alone represents a once-in-a-generation opportunity for the Hunter region that will turbo charge the economy as it recovers from the effects from COVID-19.
“During construction, it will generate 9,300 jobs and flow-on benefits worth $1.3 billion to the Lower Hunter economy.
“Port of Newcastle’s partnership with the Hunter Business Chamber will ensure the local business community benefits from the pipeline of work that the Multi-purpose Deepwater Terminal project can deliver.”
Hunter Business Chamber CEO Bob Hawes said there was a terrific response to Port of Newcastle’s presentation from its members.
“This was a sell-out event that highlights the passion our members have for the Port and the recognition of its importance as a significant economic driver in the Hunter region,” Mr Hawes said.
“Hunter businesses will benefit from the development of a container terminal through the creation of cost efficiencies that enable them to become globally competitive and from the increased flow-on economic activity across the region.
“The Hunter Business Chamber is pleased to partner with Port of Newcastle in realising its vision to diversify the Hunter economy for a sustainable future.”
Read more about the Multi-Purpose Deepwater Terminal via www.thefutureuncontained.com.au
Port of Newcastle
Port of Newcastle is a major Australian trade gateway handling 4,600 ship movements and 171 million tonnes of cargo each year. With its annual trade worth about $25 billion to the New South Wales economy, the Port enables businesses across the state to successfully compete in international markets. With a deepwater shipping channel operating at 50% of its capacity, significant port land available and enviable access to national rail and road infrastructure, Port of Newcastle is positioned to further underpin the prosperity of the Hunter, NSW and Australia. As custodians of the region’s critical asset, Port of Newcastle is diversifying its trade as it strives to create a safe, sustainable and environmentally and socially responsible Port that realises its potential.