The Australian Government has unveiled designs and broken ground for the development of the new $535m surface shipbuilding yard in Osborne, South Australia.
The shipbuilding yard is the latest in a series of major infrastructure developments designed to establish a continuous naval shipbuilding programme in the country.
It is expected to be fundamental in enabling the construction of vessels for the Royal Australian Navy's (RAN) Future Frigate programme.
The construction of a surface shipbuilding yard in Osborne forms part of the Australian Government’s $89bn investment plan for the nation’s future shipbuilding industry.
In addition, the government has finalised the acquisition of the initial tranche of state-owned land and facilities for the development.
Planning consent has also been received from the state for the shipbuilding facility's construction.
The naval shipbuilding programme is expected to help generate thousands of job opportunities across the country during its lifespan.
Additionally, the government has announced the appointment of chair and board members for the newly established company Australian Naval Infrastructure (ANI), which has been separated from the government-owned firm ASC.
Lucio Di Bartolomeo was appointed as chair of ANI, while Peter Iancov, Jeremy Schultz, Janice van Reyk and Jim Whalley were selected as directors.
ANI will facilitate and oversee the development and construction of new infrastructure at the Osborne shipbuilding facility.
The new company is currently conducting a commercial process to select the builder for the new shipyard, with the decision slated to be announced in the coming months.
Image: An artist's impression of the $535m shipbuilding yard to be built at Osborne in South Australia. Photo: courtesy of the Commonwealth of Australia, Department of Defence.