News Feed

Keep up with all the latest news and progress updates from Bay of Connections.

You can also sign up below to receive an email notification when updates are released.

Events Calendar.

For upcoming events and important dates see the Bay of Connections Events Calendar.

Container Terminal perfect example of regional economic collaboration

Container Terminal perfect example of regional economic collaboration

The development of a Kawerau Container Terminal has taken another leap forward with the announcement of the terminal’s preferred operator – international port logistics company, ISO Ltd.

A container terminal in Kawerau had been identified as a significant growth opportunity for the town, as well as for the wider region, and its feasibility was supported through the Toi Moana Bay of Plenty Economic Action Plan.

The Toi Moana Bay of Plenty Economic Action Plan identifies and supports a range of short to mid-term opportunities (0-10 years) that could assist in increasing investment, employment and incomes across the wider Bay of Plenty region.

It is facilitated by the Bay of Connections locally, working alongside central government.

The Bay of Connections, central government, Kawerau District Council, Scion, Whakatane District Council and others supported a research project into the viability of the potential container terminal. The research confirmed significant savings to industry and an improvement in supply chain efficiency to market.

Bay of Connections Portfolio Manager, Cheryl Lewis, speaking on behalf of the Toi Moana Bay of Plenty Economic Action Plan, says while the announcement is extremely positive news for Kawerau, the terminal’s development also has a flow on effect for the wider region.

“The research found that the inland port would improve supply chain efficiency and that 88% of containers would be better off on rail when travelling to the Port of Tauranga,” Ms Lewis says.

“For the most likely case, using the container terminal and train from Kawerau could save $100-150 per container.

“The economic impact would equate to an estimated saving of between $1.85million and $2.77 million per year for various industry sectors – savings which would likely be redirected to growing businesses and increasing incomes and jobs.

“It also showed social benefits, environmental benefits with the reduction of CO2 emissions by as much as five to six thousand tons per annum, improved road safety and a decrease in highway maintenance costs, with 80 fewer trucks a day on State Highway 2.

“The benefits to the wider region are undeniable, and it’s a great example of the region working together, along with government, to help progress a regional economic development initiative. It’s extremely exciting to see the project progress to the next stage,” says Mrs Lewis.

Cheryl-Lewis

Photo caption: Bay of Connections Portfolio Manager, Cheryl Lewis

Comments RSS feed for comments on this page

    There are no comments yet. Be the first to add a comment by using the form below.

Monday, November 13, 2017

Comments: 0