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Australia Unveils $20 Billion Plan for Major Naval Hub in Western Australia

The Henderson shipyard will become a key site for nuclear submarine maintenance and shipbuilding, creating thousands of jobs and boosting the state's economy.

  • Western Australia's Henderson shipyard is set to become the largest naval maintenance hub in the Southern Hemisphere, focusing on nuclear submarine upkeep.
  • The federal government will invest $127 million over the next three years for initial development, with total project costs estimated between $12 billion and $20 billion.
  • The expansion will create approximately 10,000 jobs, including 3,500 at HMAS Stirling and 3,000 for submarine maintenance at Henderson.
  • The project is part of the AUKUS defense pact with the U.S. and U.K., involving the purchase and joint construction of nuclear-powered submarines.
  • Despite initial funding criticism, the initiative is seen as a significant economic opportunity for Western Australia, potentially rivaling the state's resources industry.
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