Bolstering the competitive edge of South Australia’s flagship port.
In the 2000s, Adelaide’s Outer Harbour was selected for redevelopment and modernization to drive South Australia’s competitive edge both nationally and internationally. This was a major commitment by the South Australia (SA) government to develop the port as an export and import destination of choice in southern Australia, catapulting the Harbor into the global stage as a port of significanct importance.
The Flinders Ports
On 2 November 2001, in a transaction which was Australia’s largest ports sale for A$186 million, Flinders Ports Pty Limited assumed ownership of the seven ports and acquired a 99-year land lease and port operating licence in South Australia.
These ports were Port Adelaide, Port Lincoln, Port Pirie, Thevenard, Port Giles, Wallaroo and Klein Point, known collectively as the Flinders Ports. The flinders Ports were the largest port owner and operator in the state.
From 2001 to 2010, we held a 7.14% share in Flinders Ports Pty Limited.
Our roles as an investor and in operations and management
- Port ownership: Egis Projects held 7.14% shares in the port owner Flinders Ports.
- Port management and operations: Egis Projects, through its 50% holding in AdEgis alongside Adsteam, managed and operated the 7 ports under a management contract with Flinders Ports.
- Port development and capital works project management: Egis developed and managed the implementation of a three-year, A$60m capital works programme on behalf of Flinders Ports.