Port of Brisbane targets $25 billion growth with Vision 2060

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Port of Brisbane targets $25 billion growth with Vision 2060
The Port of Brisbane Pty Ltd (PBPL) has launched Vision 2060, a roadmap to strengthen Queensland’s economy, future-proof trade, and advance a more sustainable, efficient port.

PBPL reported that industry, government, and community partners helped develop Vision 2060.

Backed by research, it outlines a path to boost economic growth while promoting innovation and environmental stewardship.

According to PBPL, Queensland’s population is expected to reach 8.3 million by 2060.

Container trade is projected to triple, while energy demand could rise as the port community drives decarbonisation. DAE’s modelling indicates that by 2060, the port and its supply chain could generate $25 billion in economic value for Queensland and support 125,000 jobs.

READ: Port of Brisbane delivers new home for DSV

PBPL outlined Vision 2060’s three key goals:

  • Seamless connectivity: Creating an integrated logistics system that enhances efficiency, supports global supply chains, and connects Queensland businesses worldwide.

  • Clean energy: Scaling renewables like solar, wind, and hydrogen to reach port-wide net-zero emissions and lead in clean energy.

  • Future-ready design: Focusing on resilient infrastructure, workforce growth, environmental protection, and sustainable economic development.

PBPL CEO, Neil Stephens, said: “This is a chance to create a cleaner, smarter, and more connected port that will drive Queensland’s prosperity for generations.”

“Vision 2060 invites all stakeholders to innovate, collaborate, and build a globally competitive port delivering lasting value. Ultimately, this is about ensuring Brisbane’s port of the future is driven by seamless connectivity, powered by clean energy and designed for future generations.”

In November 2024, the Cook Labor Government finalised plans for a new A$7.2 billion ($4.7 billion) container port in Kwinana, set to replace Fremantle as Western Australia’s primary port.

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