Melbourne seeks advisors for port lease

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Melbourne seeks advisors for port lease

The Department of Treasury and Finance of the state of Victoria (Australia) has issued two tender processes to seeks advisors of the Port of Melbourne lease transaction.

The Victorian State Government will offer a medium-term lease to operate the Port of Melbourne. The Department of Treasury and Finance will manage the project on behalf of the State Government. 

The Port of Melbourne is Australia's largest container port, accounting for 37 per cent of Australia's container trade. It is located in Melbourne,Victoria, and covers an area at the mouth of the Yarra River, downstream of Bolte Bridge, which is at the head of Port Phillip, as well as several piers on the bay itself. Since 1 July 2003, the Port of Melbourne has been managed by the Port of Melbourne Corporation, a statutory corporation created by the State of Victoria.

The Department of Treasury and Finance is seeking proposals from financial advisors to provide advice on all aspects of the proposed lease transaction. Interested parties must submit their proposals on or before 18 July 2014.

See tender details:

https://tenders.vic.gov.au/tenders/tender/display/tender-details.do?id=6225

The Department of Treasury and Finance is also seeking proposals from legal advisors with relevant merger and acquisition experience. Interested parties must submit their proposals on or before 11 July 2014.

See tender details:

https://tenders.vic.gov.au/tenders/tender/display/tender-details.do?id=6226

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