Ports in Queensland, Australia, Secure Significant Funding

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Researched by Industrial Info Resources (Sugar Land, Texas)--Port authorities in Queensland, Australia, are spending heavily to manage the future demand. The ports of Abbot Point, Brisbane, Gladstone, Hay Point, Mackay and Townsville are priority development areas.

Queensland is located in northeastern Australia, and it has a large coastal area along the Pacific Ocean. Queensland's ports are important to the state's economy and serve as vital gateways for trade and commerce.

Total exports from Queensland's ports for last year through November were valued at A$135.6 billion (US$90.5 billion). Japan and India were among the largest overseas export destinations from Queensland ports.

Queensland's ports also play a vital role in the import of heavy machinery, vehicles, equipment and other goods. The development of ports and associated infrastructure also stimulates economic activity.

Industrial Info is tracking 47 marine cargo handling projects, worth US$1.27 billion, in Queensland. These projects include capital dredging, maintenance dredging, new berth additions, equipment addition projects, and ferry terminal upgradation. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a list of project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).