Wednesday, February 29, 2012

Vic: Dredge to begin in summer as cost blows out to $1 billion


AAP General News (Australia)
12-21-2007
Vic: Dredge to begin in summer as cost blows out to $1 billion

Dredging of Melbourne's Port Phillip Bay will begin in the height of summer .. and
taxpayers will carry the cost of almost a billion dollars.

The controversial project to deepen Melbourne's shipping channels will begin on February
1 .. with the cost revised up from 763 million to 969 million dollars.

The Victorian government will commit 150 million towards the project and port users
will fund the remainder .. with wharfage fees almost doubling to 67 dollars per container.

AAP RTV cmb/pmu/af/bart

KEYWORD: CHANNEL (MELBOURNE)

2007 AAP Information Services Pty Limited (AAP) or its Licensors.

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