Kangaroo Island Plantation Timbers has put a proposal forward to the Australian Securities Exchange about its intention to build a wharf at Smith Bay on Kangaroo Island.
The design includes a sealed roadway on a rock and fill causeway, extending towards a
large floating pontoon barge permanently moored in deep water and accessed by a link span bridge. There will be shore works to enable the facility to export timber and to operate as a multi-user, multi-cargo facility.
The cost is expected to be about $25m, including the cost of a newly-built pontoon barge. The company says capital costs of the wharf project are recouped through a charge on scheduled timber exports, with non-timber importers and exporters being able to access the wharf at other times based on incremental costs only.
