❓ Question regarding the selection process, cost allocation, and rate of return for the private proponent developing the Anketell Port. The answer outlines a staged approach dependent on industry-led initiatives and future agreements.
AnsweredQoN 3169Legislative Council
QuestionView source ↗
(1) Will there be an open and accountable process to choose the private proponent to develop the new Anketell Port?
(2) If yes to (1), what will the process be?
(3) If no to (1), how will the proponent be selected?
(4) How will individual sites for different users be determined?
(5) How will the costs of developing common user infrastructure (CUI) be determined?
(6) How will it be decided how these costs will be allocated to different users?
(7) Will the private proponent of the port recoup the cost of development of CUI from other port users?
(8) How will it be decided what proportion of the cost of CUI will be recouped from other users?
(9) Will the private proponent that develops the port have a regulated rate of return on the CUI it develops?
(10) If yes to (9), what will be the rate of return?
(11) Will the rate of return be the same as the Governments rate of return on investment policy for Port Authorities established under the
Port Authorities Act 1999
?
(12) If a proponent wishes to develop the CUI, what process is there for them to submit a proposal for consideration by Government?
(2) If yes to (1), what will the process be?
(3) If no to (1), how will the proponent be selected?
(4) How will individual sites for different users be determined?
(5) How will the costs of developing common user infrastructure (CUI) be determined?
(6) How will it be decided how these costs will be allocated to different users?
(7) Will the private proponent of the port recoup the cost of development of CUI from other port users?
(8) How will it be decided what proportion of the cost of CUI will be recouped from other users?
(9) Will the private proponent that develops the port have a regulated rate of return on the CUI it develops?
(10) If yes to (9), what will be the rate of return?
(11) Will the rate of return be the same as the Governments rate of return on investment policy for Port Authorities established under the
Port Authorities Act 1999
?
(12) If a proponent wishes to develop the CUI, what process is there for them to submit a proposal for consideration by Government?
AnswerView source ↗
Answered
16 February 2011
Responded by
Leader of the House representing the Minister for State Development
Response time
97 days
Department of State Development advises:
(1-3) As this is an industry driven project, the State will require a foundation proponent to be responsible for obtaining statutory approvals and subsequent construction of the multi-user infrastructure and facilities proposed at Anketell. At present there is an opportunity for any one, or a combination of three prospective iron ore producers that are project ready to be a foundation proponent for the proposed multi-user infrastructure port and strategic Industrial area. In the event that these or other companies fail to agree on a foundation proponent or some form of joint arrangement, the State will need to consider an alternative selection process to determine the responsible entity.
(4) The land and sea area of the port and infrastructure corridor will be vested in the Dampier Port Authority which will issue leases/licences to any future proponents in a manner that will ensure competitive neutrality and best use of available land to suit multiple users.
(5-12) Once the project has progressed to the stage that a responsible entity has been established the State would develop an appropriate legal arrangement, which normally takes the form of a Development Agreement/Port Facility Agreement, that would provide for design, finance and construction of all strategic infrastructure, including common-user infrastructure. This process would involve negotiations between relevant parties to establish the manner and applicability for the recoup of capital expenditure for these works.
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(1-3) As this is an industry driven project, the State will require a foundation proponent to be responsible for obtaining statutory approvals and subsequent construction of the multi-user infrastructure and facilities proposed at Anketell. At present there is an opportunity for any one, or a combination of three prospective iron ore producers that are project ready to be a foundation proponent for the proposed multi-user infrastructure port and strategic Industrial area. In the event that these or other companies fail to agree on a foundation proponent or some form of joint arrangement, the State will need to consider an alternative selection process to determine the responsible entity.
(4) The land and sea area of the port and infrastructure corridor will be vested in the Dampier Port Authority which will issue leases/licences to any future proponents in a manner that will ensure competitive neutrality and best use of available land to suit multiple users.
(5-12) Once the project has progressed to the stage that a responsible entity has been established the State would develop an appropriate legal arrangement, which normally takes the form of a Development Agreement/Port Facility Agreement, that would provide for design, finance and construction of all strategic infrastructure, including common-user infrastructure. This process would involve negotiations between relevant parties to establish the manner and applicability for the recoup of capital expenditure for these works.
Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
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