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Jan 21, 2008

INFRASTRUCTURE * Australia - Bay dredging stupid, says Fox

Trucking magnate Lindsay Fox has called the imminent dredging of Victoria's Port Phillip Bay "stupid"

Melbourne,Victoria,Australia -AAP/ Sky News/The Age -January 21, 2008: -- Mr Fox said the plan to deepen the bay's shipping channel to allow bigger loads into the Port of Melbourne was only a short-term solution... He said using rail from Western Port Bay would be a much better long term option than massive truck traffic from a port so close to Melbourne's CBD... "Dredging the bay and still having all of the traffic running in and out of the city is stupid," Mr Fox told... He also said having the state's main port in Melbourne could result in Victoria missing lucrative business because, even after dredging, it would not be deep enough to handle the mega tankers coming in and out of ports such as Singapore and Hong Kong... Mr Fox owns trucking company Linfox and is worth $1.29 billion, according to Business Review Weekly... Dredging is due to begin on February 1...

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