POEM welcomes Cruise Ship Project Funding

POEM Media Release 23 May 2016

“POEM members warmly welcome the announcement by the Premier of NSW the Hon Mike
Baird MP and the Member for Bega and NSW Minister for Infrastructure and Transport, the
Hon Andrew Constance, MP that the NSW Government has allocated an additional $29
million for the Snug Cove wharf extension project.

The strong support provided by the Commonwealth Government and the Bega Valley Shire
Council have also been vital to this landmark infrastructure project.

This will make a total of $44 million, comprising the State ($32 million), Commonwealth
($10 million) and Bega Valley Shire Council ($2 million). This is a massive injection of funds
into Eden and the south east region and should provide the basis for a major expansion of
cruise ship activity, local business and substantial, related growth of regional tourism”, the
President of POEM, Fritz Drenkhahn said today.

“lt is fantastic to see the support that Eden is getting from the governments involved. Much
of the credit must go to the local people who have been dedicated to this project for years.

The Cruise Eden group and people such as Gale Ward and Jenny Robb are to be thanked and
congratulated. They are certainly entitled to celebrate.”

“The next step in the overall port development is an attenuator for a commercial marina in
a Snug Cove safe harbour. This will bring year round jobs, investment and additional
tourism – the economic stimulus that Eden clearly needs.”

“We look forward to working with other community groups and all levels of government to
assist in achieving this next goal for Eden and the region.”

Contact POEM for more details.