Hunter coal producers agree to historic export plan
Embargoed September 18, 2009
The NSW Government has reached an agreement which will support $5 billion worth of investment in new port and rail infrastructure over the next 4 years.
Premier Nathan Rees said that NSW is set to reap an investment and jobs bonanza with the Hunter Valley’s fourteen coal producers agreeing to the Government’s long term coal export plan.
“This plan will support thousands of jobs each year and boost coal export revenue by an estimated $6.5 billion per annum by 2016,” Mr Rees said.
“Construction of new coal chain infrastructure will generate an average of 1,700 direct jobs and 2,400 indirect jobs each year up until 2015.
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