Kwinana Port's $7 billion price tag raises concerns in WA

Western Australia's highly anticipated Kwinana Port project has encountered a substantial cost increase, with its price tag now exceeding $7 billion. 

Despite the escalating expenses, Premier Roger Cook maintains the project is essential to save WA's "dignity" and economic prosperity.

He expressed confidence that the investment in the Kwinana Port will yield long-term benefits.

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"I know there will be naysayers and critics, but the research is clear: we must undertake this project," Cook said.

A newly commissioned business case highlights the urgent need for the Kwinana Port, emphasising that Fremantle's current infrastructure will soon be inadequate to meet the state's growing demands. 

This inadequacy is projected to cost the Western Australian economy approximately $5 billion annually.

Chamber of Commerce and Industry WA chief economist Aaron Morey emphasised the significance of investing in new port infrastructure, describing it as an opportunity to revitalise the state's economic competitiveness.

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However, the project has faced numerous setbacks and criticisms.

The original completion date has been pushed back by six years, and the initial budget of $4 billion is now projected to hit $7 billion.

Liberal leader Libby Mettam expressed scepticism about the project's prioritisation.

"Is this the biggest priority of the Cook Labor government?" she said.

"Between Metronet and Westport, we're talking about $20 billion." 

She further asserted that it would not be a priority for a Liberal government.

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Despite the challenges, Premier Cook remains committed to the project's completion. 

"Not acting now on a new port will cost us jobs and productivity. It will also cost West Australia our dignity," he said.

He emphasised the need for "heavy lifting" and further work to ensure its successful implementation.

Fremantle Port will continue to serve as a hub for cruise ships and local vessels. 

The remaining port space will be repurposed to create a new city precinct and much-needed housing developments.

This article was produced with the assistance of 9ExPress.