Economic Significance of the Port of Port Hedland

John Nicolaou 

Port Hedland Industries Council and Pilbara Ports Authority

Published 2020-06-01

ACIL Allen was engaged by the Port Hedland Industries Council (PHIC) to estimate the economic significance of the Port of Port Hedland and the trade that is facilitated through the Port to the local, State and National economies. There are nine participating member companies of the Port Hedland Industries Council that together represented the Port Hedland Port Supply Chain for this study. Using ACIL Allen’s Input-Output models of the town of Port Hedland, the Pilbara Region, Western Australia, and Australia, the economic value of the Port Hedland Port Supply Chain was determined in each region on the basis of its contribution to output, welfare, employment, and taxation and royalty payments. To project the future activity through the Port, ACIL Allen will use forward guidance from participating PHIC member companies to estimate the economic impact of the increased production and trade through the Port over the 10 years to 2029-30 using ACIL Allen’s in-house computable general equilibrium model, Tasman Global.

 

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