The Port of Brisbane ("PoB") is one of Australia’s fastest growing container ports, and Queensland’s largest general cargo port. PoB is located at the mouth of the Brisbane River, and is managed and developed by the Port of Brisbane Pty Ltd ("PBPL"), under a 99-year lease from the Queensland Government. PoB is Australia’s third largest diversified port and has a catchment area encompassing Queensland and northern New South Wales. Queensland is Australia’s third largest state by population and size of economy. In 2013, over 41 million tons of cargo passed through the port, which included over 1 million TEU of containers.
In 2010, PoB was acquired by a consortium of experienced infrastructure investors, in which GIP held a 26.7% interest. In 2013, GIP fully exited its investment in PoB.View Next Investment