GrainCorp’s Storage and Logistics network provides the vital link between Australia’s growers and the world.
Project Regeneration was launched to create a more efficient network of storage sites across Australia’s eastern grain belt. These sites offer:
So far, nine sites have been successfully built or upgraded, delivering efficiencies worth at least $5 per tonne to growers. During the record 2016 harvest, the benefits of these upgrades have started to accrue, with hundreds of thousands of tonnes of grain moving back to rail. These sites also handled a record amount of grain while offering growers industry-leading turnaround times.
The more efficient the supply chain, the more competitive Australian grain is on the world stage.
GrainCorp has worked closely with the Australian Government and the New South Wales and Victorian State Governments to highlight the broad benefits of our investments.
The governments have recognised the wider community and economic benefits of a competitive grains industry and have agreed to upgrade targeted government-owned assets.
At this time, there are no projects underway in Queensland. We are working closely with AgForce to highlight the potential benefits of co-investment to the Queensland Government’s Department of State Development. We expect to receive a decision later this year and are hopeful of a positive outcome.
In 2017, we are already working on three sites with a further five expected to break ground this year.
We are continuing to work with local communities and government to secure the relevant support and approval. At this stage we expect Project Regeneration to continue through to 2020.
GrainCorp is committed to providing Australian growers with an internationally competitive supply chain.
*These sites have been completed along with upgrades to government-owned assets. The government’s support has been vital in enabling us to realise the full potential of the upgrades.
* These sites have been completed along with upgrades to government-owned assets. The government’s support has been vital in enabling us to realise the full potential of the upgrades.
** The Cunningar site is backed by the local community, Australian Government (National Stronger Regions Fund) and Hilltops Council.