Industrial Transformation
Industrial transformation of the Illawarra Shoalhaven region is defined as long-term viable manufacturing infrastructure supported by world class port facilities. The region’s industry has historically been underpinned by coal and steel production.
Both the ISJO and major operators and manufacturers are now realising opportunities with changes being driven by rising energy costs, export prices and exchange rates, pressure to improve environmental outcomes and investment in infrastructure renewal and replacement.
One such opportunity is promotion of the value of Australian steel operations through enhanced environmental performance including renewable carbon sources for steel making and strategies for net zero emissions through carbon capture and reuse. In addition a proven business case for enhanced rail infrastructure improves freight and passenger movement and access to port facilities. The Port of Port Kembla directly and indirectly supports more than 3,500 jobs and contributes $543 million to the regional economy each year. It is the only port in NSW receiving motor vehicles, it is the principle grain export for south and south-west NSW, it also exports coal and supports the carriage of iron ore and steel products.
The ISJO aims to protect Port Kembla as a strategic gateway to the region, partnering on projects to support freight rail connections and the development of a hub for hydrogen production.