The SA Encounter Consortium today announced its intention to bid for the South Australian Ports Corporation (“Ports Corp”).
The Consortium is comprised of the following members, each able to contribute strongly to developing Ports Corp:
- AWB Limited,
- ABB Grain Ltd,
- Bouygues Travaux Publics – a global infrastructure development company and
- Port of Rouen – one of France’s largest ports.
The main focus for the Consortium bid will be to:
- enhance the competitiveness of the ports;
- improve the logistics;
- ensure pro-South Australian outcomes;
- generate new investment in South Australia; and
- add services for all users of the ports.
The Consortium brings together a wealth of local and international expertise and hands-on experience that can bring unparalleled growth and development opportunities for Ports Corp and its customers.
The Consortium offers:
- long-term commitment and stability;
- world-class management capabilities and improved service delivery;
- increased export market opportunities; and
- solid financial backing.
The Consortium philosophy is to harness the long-term development potential of Ports Corp by deploying the same business philosophy that has made each of the Consortium members successful over the years.
Bouygues Travaux Publics (Bouygues TP) is part of the French-based Bouygues Group, is currently working in more than 80 countries and has interests in building and civil work, roads, telecommunications, media and public utilities management and is planning a major investment in South Australia. The Group has assets in excess of $A29 billion giving it significant financial strength to commit to the project
Bouygues TP intends to make Ports Corp its “show case” port business, and the operational arm for its further international port developments in the Asia Pacific region.
The partnering of AWB and ABB with the international interests of Bouygues TP and the Port of Rouen provides leading international expertise whilst ensuring majority Australian ownership.
The Port of Rouen (Rouen) caters for a diverse range of cargoes, including grain, agrifood, industrial bulk cargo, forest products, containers and general cargo.
Rouen is the largest grain exporting port in Europe and the world’s leading port for the export of wheat. Rouen is also the third largest container port in France, and the number one centre in France for cargo consolidation on North/ South shipping routes. With a network of 40 regular shipping lines, Rouen serves nearly one hundred countries in Europe, Africa, the Indian Ocean, North America and the West Indies. The port has high-performance terminals that offer shed storage and derive added value from the presence of the Rouen Valley logistics facility, a logistics centre for international distribution.
Bouygues TP has chosen to team with the AWB, ABB and the Port of Rouen to ensure that world’s best practice and innovation in port management and logistics are applied to grow the business and enhance the future performance of Ports Corp.
The global investment bank, BNP Paribas is financial adviser to the consortium.
The Consortium's name, SA Encounter, refers to Encounter Bay in South Australia, so called for the chance meeting of the British explorer Matthew Flinders and the French navigator Nicolas Baudin, in 1802, symbolising the ongoing interrelationship of Australia, France and South Australia.
For further information please contact:
John Hill, National Business Service Manager, AWB Limited, on (08) 8213 3303 or 0419 810 337; www.awb.com.au
Ian Desborough, Corporate Relations Manager, ABB Grain Litd on (08) 8211 7199 or 0418 853 881; www.abb.com.au
Olivier Bonnin, Bouygues TP on +33 1 30 60 23 78; www.bouygues-construction.com
Pascal Hornung, Port de Rouen on +33 2 35 52 54 10; www.rouen.port.fr