​Gladstone Ports Corporation (GPC) has welcomed today's joint announcement by the Queensland and Australian Governments to contribute $10 million in Federal funding for facilitating growth and p​rosperity in the community.

“In line with our mission to responsibly manage, develop and facilitate the prosperity of others through operating our port facilities and services in an economically, environmentally and socially sustainable manner, GPC is proud to support viable opportunities for economic development in the region," a GPC Spokesperson said.

“Initiatives to establish a hydrogen knowledge centre and further develop key recreational areas will benefit the local community and the regional economy. As such, GPC is proud to be working with valued stakeholders and all levels of government to maximise the region's prosperity."

“Our partnerships are vital in supporting innovation and opportunities for the future. Earlier this year, GPC signed a Memorandum of Understanding with key stakeholders, including CQ University and the Gladstone Regional Council, to develop a hydrogen ecosystem in Gladstone.

“Both the National Hydrogen Strategy and the Queensland Hydrogen Industry Strategy 2019-2024 identify Gladstone as one of the prime locations for hydrogen development due to GPC's facilities and infrastructure.

“GPC has expansive current and future land holdings with corridors to access more than 28,000 hectares of State Development Area and strategic port land to facilitate future economic development for Queensland.

“Our future port precinct is envisaged to expand and develop to facilitate new trade, ensure prudent, efficient and sustainable growth to benefit our business, our customers and the community.

“Partnerships are key to providing further opportunities in the region for jobs, prosperity and sustainable development."