"On 13 December 2012, the Moorebank Intermodal Company Limited (MIC) was established to facilitate the development of an intermodal terminal at Moorebank in Sydney’s South-West. MIC is a Government Business Enterprise, which is incorporated under the Commonwealth Corporations Act 2001 (Cth), and operates under the Commonwealth Authorities and Companies Act 1997 (Cth). MIC is wholly owned by the Australian Government, which is represented by the Minister for Infrastructure and Regional Development and the Minister for Finance as MIC’s two Shareholder Ministers. MIC will oversee the development of the Moorebank Intermodal Terminal. MIC aims to optimise private sector expertise and investment, through a competitive process, to develop and operate the intermodal terminal and meet the project’s objectives."
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