Pilbara Ports Authority & WA Water Corporation

NAIF Loans: Pilbara Ports Authority $160m (Port of Dampier wharf and facilities) and Western Australia Water Corporation $95m (Burrup seawater supply and brine disposal scheme expansion).

About the Projects

NAIF has committed $255 million for critical infrastructure supporting the Perdaman Urea Project in Western Australia. The project located 20 kilometres north-west of Karratha will convert Australian gas into approximately two million tonnes of urea per year.

The NAIF commitment is being delivered through two separate loans:

  • $160 million to the Pilbara Ports Authority for a new multi-user wharf and facilities at the Port of Dampier to facilitate exports, and
  • $95 million to the Western Australia Water Corporation for the expansion of the Burrup seawater supply and brine disposal scheme that will also service the operation of the Perdaman Urea Plant.

The Perdaman Urea Plant is considered transformational for Western Australia, having been awarded Major Project Status by both the Australian and Western Australian governments.

Economic Impact

The projects will support the diversification of the Pilbara economy through developing domestic manufacturing.

The Perdaman plant is expected to provide an $8.5 billion public benefit to northern Australia. The projects are forecast to support 2,490 construction and operations jobs.


Indigenous Engagement

Both the Western Australia Water Corporation and Pilbara Ports Authority have made commitments under their Indigenous Engagement Strategies regarding Indigenous participation, employment and procurement (notably during construction), and will look to continue to build on their current Indigenous engagement initiatives throughout the operational phase including working closely with the Murujuga Aboriginal Corporation (MAC) to ensure cultural heritage management is managed appropriately, and build each of their Indigenous workforces, and support local Indigenous community events and local Indigenous businesses.

Related case studies

BCI Minerals Limited Mardie Salt and Potash Project

Loan for the construction and development of the Mardie Salt and Potash Project (initial Investment Decision: December 2020, additional $40m facility September 2021)

Read more

Humpty Doo Barramundi

NAIF finance assisted in the recognition of northern Australia as a leading supplier of premium saltwater farmed barramundi.

Read more

Kidston Pumped Storage Hydro Project

Kidston Pumped Hydro Project (Investment Decision July 2019)

Read more

Merricks Capital Pty Ltd, Hudson Creek Power Station and Batchelor Solar Farm

A loan to finance a 12MW gas power plant in Darwin and 10MW solar farm in Batchelor, 100km south of Darwin. Merricks Capital Pty Ltd are the equity sponsor. (Investment Decision July 2020)

Read more