In the five-year period to 2009, the Port of Brisbane Corporation (PBC) has spent over $724 million in the development of port infrastructure and is committed to a further investment of $950 million for new infrastructure over the next five years.
Major projects finalised in 2009 included the commissioning of container Berth 10 and the General Purpose Berth for bulk and project cargoes.
In 2010, work continues on the award-winning Future Port Expansion area, which will provide a further 230 hectares of port land and increased quay line.
Berths 11 and 12 are also due for completion in 2012 and 2014, respectively, and are under an Agreement for Lease with Hutchinson Port Holdings - making Brisbane the first major port to introduce a third container stevedore to Australia.