1. Dr Chris Whitaker Chairman, James Point Pty Ltd SW Corridor Strategic Planning afternoon Thursday January 29th 2009 James Point Port at Kwinana: “Development Snapshot”

2. Who? What? Where? When? Why? What next? www.jamespoint.com.au 1 2 3 4 5 6 7 8 9 10 11 12 13

3. WHO? - JPPL at a glance … www.jamespoint.com.au WA-based private company Significant capability and expertise, including: -maritime design and engineering -maritime construction -project management -rock and fill resources -financing Early 2008: Chris Whitaker appointed as Chairman, and Ian Hutton as Chief Executive 1 2 3 4 5 6 7 8 9 10 11 12 13 Formed in 1997 to respond to EoI and then RFP from WA Government

4. WHAT? www.jamespoint.com.au Operating Agreement to build, own and operate new port infrastructure in the Outer Harbour Stage 1: a new bulk facility Stage 2: a new international container facility Further stages possible 1 2 3 4 5 6 7 8 9 10 11 12 13

5. WHERE? www.jamespoint.com.au 1 2 3 4 5 6 7 8 9 10 11 12 13

6. WHEN? www.jamespoint.com.au Stage 1: a new bulk facility … 2 years Stage 2: a new international container facility … 5-6 years 1 2 3 4 5 6 7 8 9 10 11 12 13

7. WHY? Market demand for additional common- user bulk berths: www.jamespoint.com.au 1 2 3 4 5 6 7 8 9 10 11 12 13 Clinker, slag, gypsum, coal, iron ore, pig iron, dolomite, LPG etc - all currently use KBB2 @ Kwinana Bulk Terminal, operated by FPs Some significant delays (44% of ships in 2007/8), demurrage costs, and economic impacts Is worsening as demand increases Will soon need about 2.5 x current capacity JPPL Stage 1 addresses this need Strong support from cargo owners

8. WHY? Market demand for additional container facilities www.jamespoint.com.au Significant demand: growth @ 10% pa since 1990 580,345 TEUs handled at Inner Harbour 2007/8 Differing views on ultimate capacity Landside connections are the main constraint to further growth Three proposals: two from FPs, one from JPPL But only one will be developed in the foreseeable future Long lead times - therefore require decision now on who will provide it 1 2 3 4 5 6 7 8 9 10 11 12 13

9. WHY JAMES POINT? www.jamespoint.com.au Will bring competition in -provision of port infrastructure -provision of port services -price -service and innovation Less dredging than alternatives, and other environmental advantages Less cost Less public debt Reduced risk for Government 1 2 3 4 5 6 7 8 9 10 11 12 13

10. WHAT NEXT? Getting land-side connections right is a“critical success factor” www.jamespoint.com.au A Government responsibility under Operating Agreement - Stage 1 addressed in some detail - Stage 2 addressed in concept Importance of long-term vision and planning Opportunity remains to get it right Dedicated freight routes (road and rail) linking to intermodal hubs Implementation can be staged, as port grows 1 2 3 4 5 6 7 8 9 10 11 12 13