Moorebank Intermodal Company Limited

The Moorebank Intermodal Company Limited (MIC) was established to facilitate the development of an intermodal terminal at Moorebank in Sydney's south-west. MIC is a Government Business Enterprise (GBE), which is incorporated under the Commonwealth Corporations Act 2001, and operates under the Public Governance, Performance and Accountability Act 2013 (PGPA Act). MIC is wholly owned by the Australian Government, which is represented by the Minister for Infrastructure and Transport and the Minister for Finance as MIC's two Shareholder Ministers. MIC will oversee the development of the Moorebank Intermodal Terminal. MIC aims to optimise private sector expertise and investment, through a competitive process, to develop and operate the intermodal terminal and meet the project's objectives. MIC's objectives for the project are to: • boost national productivity over the long-term through improved freight network capacity and rail utilisation • create a flexible and commercially viable common user facility for rail operators and other terminal users • attract employment and investment to south-western Sydney • achieve sound environmental and social outcomes that are considerate of community views • optimise value for money for MIC having regard to the other stated project objectives