Costs Involved

The costs incurred in developing such a project

Costs fall into two broad categories:

1. The costs for technical and financial advisors to assist with developing a feasibility and business case; and
2. The prescribed costs for regulatory approvals.

The costs for feasibility studies and business case preparation will vary significantly based on scale and the nature of the enterprise.

The costs for regulatory approvals will also vary significantly depending on the route. Projects that do not require vegetation clearing approval will still need to meet other State legislation and Local Government Development Approval processes. Where regulated vegetation clearing is required, the development will necessarily require co-ordinated project status, and will involve substantial investment of a number of years to secure approval.