HRL Morrison & Co., Infratil's manager has affirmed that it has been seeking the acquisition of Port of Brisbane. A number of other leading investors are taking part in the bid to buy the latter.

The sale bid has been proposed by Queensland state government for an amount worth A$2 billion.

Tim Brown, Morrison & Co investment relations manager said that the Company is looking forward to buy Port. But, he added, there is nothing decided upon the section from where it will pick the money to make the agreement's payment.

HRL Morrison & Co. has been managing the investments of New Zealand Social Infrastructure Fund (NZSIF) which has a net worth of NZ$141 million.

Meanwhile, Peter Coman, Managing Director of Public Infrastructure Partners Limited, said that the buyout attempt doesn't indicate that the Company will seek investments only in public private partnerships.

The other giants seeking the purchase of Port of Brisbane include Global Infrastructure Partners, Macquarie, Morgan Stanley Infrastructure Partners, UniSuper and Queensland Investment Corporation.

The entire bidding period will not exceed 8 weeks as the Queensland Government is aiming at winding up the deal by September. In addition, it is providing a 99 year lease at the port.