Federal Government approves Southern Precinct Program
Apr 16, 2013
Melbourne Airport has welcomed the Federal Government’s approval of its Southern Precinct Program.
The Federal Minister for Infrastructure and Transport, Anthony Albanese, today approved the Major Development Plan (MDP) for the Southern Precinct Program, giving it the final regulatory approval required.
Melbourne Airport CEO, Chris Woodruff, said the Southern Precinct Program was an exciting step in Melbourne Airport’s continuing development as Victoria’s aviation gateway.
“We welcome Minister Albanese’s approval and support for this important program of works which will enable Melbourne to become a centre of domestic aviation growth.”
“The projects, which are being driven by strong domestic passenger growth, will build on Melbourne Airport’s role as an employment centre, and will also provide the Victorian economy with a significant boost through the construction period and ongoing operation.”
“We will look to finalise discussions with our airline customers with a view to the terminal being operational by mid 2015,” said Mr Woodruff.
Phase 1 of the Southern Precinct Program includes development of a new domestic terminal facility, 17 new aircraft parking bays, dedicated ground transport facilities and significant road upgrades. It’s also expected that up to 490 jobs will be created on site at any one time during the construction period and an additional 1,450 ongoing jobs following construction.
The projects are a central part of Melbourne Airport’s proposed $10 billion program of investment over the next 20 years to transform the airport to become Australia’s future principal aviation gateway.
It also makes Melbourne Airport one of the largest private investors in infrastructure projects in Victoria and Australia.
Further information on the Southern Precinct Program is available here.