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Moorebank Intermodal Company
The Australian Government established Moorebank Intermodal Company (MIC) on 13 December 2012. Its purpose is to oversee the development and future operation of the Moorebank Intermodal Terminal (the terminal) in Sydney’s south-west as a vital logistics hub with a rail link to Port Botany and the Southern Sydney freight line. This is a nationally significant infrastructure project to boost Australia’s productivity. A board was appointed in December 2012, and MIC started operating in February 2013.
MIC is a Government Business Enterprise, incorporated under the Corporations Act 2001 and operating under the Public Governance, Performance and Accountability Act 2013. The organisation is a wholly owned Australian Government Company represented by two shareholder ministers: the Minister for Population, Cities and Urban Infrastructure (being the Responsible Minister), The Hon. Alan Tudge MP and the Minister for Finance, Senator The Hon Mathias Cormann. MIC operates at arms-length from Government and with a commercial focus. This has given MIC the flexibility to work with the operators and other partners, particularly during procurement of the terminal, to maximise the opportunities for private sector involvement and innovation at the terminal.