ports and cities: a regional perspective or back to the future luke fraser principal - juturna...
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![Page 1: PORTS AND CITIES: A REGIONAL PERSPECTIVE OR BACK TO THE FUTURE Luke Fraser Principal - Juturna Infrastructure Consulting November 2011](https://reader035.vdocuments.mx/reader035/viewer/2022070307/551a332d5503463e778b4a07/html5/thumbnails/1.jpg)
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PORTS AND CITIES:
A REGIONAL PERSPECTIVEOR
BACK TO THE FUTURE
Luke FraserPrincipal - Juturna Infrastructure Consulting
November 2011
![Page 2: PORTS AND CITIES: A REGIONAL PERSPECTIVE OR BACK TO THE FUTURE Luke Fraser Principal - Juturna Infrastructure Consulting November 2011](https://reader035.vdocuments.mx/reader035/viewer/2022070307/551a332d5503463e778b4a07/html5/thumbnails/2.jpg)
Briefly…• Freight infrastructure policy/investment advisory
• Practice: how to unlock private capital to invest? Risk, deal structures, pipelines, road, rail, port investments
• Advisory role to Infrastructure Australia esp. road reform
• Author of Mount Isa to Townsville 50-year plan
![Page 3: PORTS AND CITIES: A REGIONAL PERSPECTIVE OR BACK TO THE FUTURE Luke Fraser Principal - Juturna Infrastructure Consulting November 2011](https://reader035.vdocuments.mx/reader035/viewer/2022070307/551a332d5503463e778b4a07/html5/thumbnails/3.jpg)
Today• Historical thinking: ports and their cities
• Change in thinking about ports and cities
• Current thinking: Cities which happen to have ports attached
• National Ports Strategy
• Back to the future: Mount Isa to Townsville Supply Chain
• Going further
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Historical thinking• 1788 – WW2?: Ports and their cities
• White settlement – economic infrastructure (ie ports) meant survival = planning precedence
• Ports were our lifeline to the world (port infrastructure was also telco infrastructure until well into-19th century)
• Almost no great inland cities arose despite wool boom, gold etc
Port of Geelong late 1800s
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Change
•Australian economy becomes more sophisticated (growing services sector, etc)
•increasing affluence = diminished importance of port in city’s thinking
•Port land becomes desirable for residential, ports equated with noisy, smelly, cause of road congestion, etc
Cole’s Bay Sydney 1930s
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Current thinking• ‘Cities which happen to have ports
attached’
• Ports are shifted or development stymied by other civic priorities
• Landside port connections become asphyxiated, contribute to congestion, no priority planning
• Port dies - but city’s trade efficiency and prosperity dies too!
• Public funding becomes harder to obtain (ports versus hospitals)
• Private investors see no regulatory priority given to ports – so they steer clear of investing
Cole’s Bay Sydney 2010
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National Ports Strategy• ‘Catch the problem in time’:
create a ‘place for ports’ and a ‘place for freight’ in civic plans
• Advocates long-term port planning for sustainable trade prosperity
• Emphasises hinterland connections in road, rail
• Lays ground for greater private sector investment
• Promotes entrepreneurial behaviour from individual ports and their cities
Port of Melbourne
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Back to the future• Mt Isa – Townsville Supply Chain• 1,000 kms, minerals and agriculture,
highly prospective• $8 billion pa port in Queensland’s
third biggest city• No planning attention, no strategic
investment, fragmented supply chain
• Not a gov’t plan: local industry, rail port, community-led and funded
• Final report released end April 2012 – gives forward planning and investment momentum to city and port
Isa rail line
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Back to the future• 50-year freight infrastructure
plan permits ‘strategic’ civic planning of the port and freight task in Townsville, increases global investment interest
• As in 19th century: plan allows locals to see importance of $8 billion + pa port precinct
• Federal and State planning proves woeful
• Moral: individual ports and city planning is the future, not higher governments
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Going further• Future investment in ports and freight for road, rail will
need to be sourced from private capital
• Global capital is plentiful for the right projects
• It’s not just port privatisation – road and rail improvement and planning must be part of the deal
• Closer than you think –reforms afoot
• Individual port and city entrepreneurialism the key – higher governments cannot pull this off!