The Australian government plans to invest $75 billion in logistics infrastructure in the future, which is why it seeks feedback on the Inquiry into National Freight and Supply Chain Priorities.
The Ministry for Infrastructure and Transport has sought feedback has requested input for the discussion paper, according to Minister Darren Chester. The solicitation of comments will help in determining how the planned investments can further improve the country’s freight infrastructure network.
Chester said that the government’s investment plan covers several projects such as the Melbourne to Brisbane Inland Rail and the Western Sydney Airport. Aside from these, the request for input will allow industry stakeholders to list certain challenges that await the industry.
It will also enumerate any opportunities for growth in the sector – from the development of equipment such as poly strapping solutions to improving security measures. The ministry will accept public input on the discussion paper until July 28.
The paper’s release also takes place promptly, as some offshore businesses like Amazon plan to enter the Australian supply chain market in 2018.
US-based Amazon plans to build a portfolio of warehouses in Australia next year. Despite several months before it happens, local retailers already experience the impact of the e-commerce giant’s investment strategy.
Still, the company will require the cooperation of domestic enterprises in realising its goal of establishing a distribution network in the country. The geography and population distribution in Australia are unlike what Amazon has been accustomed to in the U.S.
If there’s any silver lining from this, consumers can expect local courier companies to upgrade their services and reduce costs in response to the expected tightening of competition.
The public and private sector serve critical roles in Australia’s planned investment programme. The logistics sector, in particular, should provide feedback actively participate in the inquiry to ensure the freight industry’s future development.