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New pictures and a video has been released revealing Brisbane’s new international mega cruise terminal, which will have the capacity to host some of the world’s largest ships and will be major competition for other ports like Sydney and Melbourne.

The terminal, which is slated to open in 2020, already has 180 bookings for ships in the first year from lines like Carnival Cruise Line, Royal Caribbean and Norwegian Cruise Line.

State Development Minister Cameron Dick said the Port of Brisbane will be the Queensland’s first mega cruise ship terminal and will attract ships that are 270 metres or longer.

“That will bring jobs, dollars and tourists into Brisbane and into Queensland,” Mr Dick said.

“It will deliver $5 billion in economic value to Queensland over the next 15 years, create 240 construction jobs over the two-year construction period to 2020 and then 49 ongoing operational jobs for at least 20 years.

“This is an important project, [I’m] delighted for the government to help facilitate this by providing the lease of the land to the port so they can get on with the project.”

Port of Brisbane chief executive Roy Cummins told the Brisbane Times that the new terminal would make the Queensland city, the capital of cruising in Australia.

“Where other locations are struggling to handle larger ships or to have capacity for those passengers, and I particularly refer to Melbourne and Sydney in that regard, we are actually forging ahead,” he said.

“We will have a state-of-the-art facility that can handle the largest vessels.”

Mr Cummins also said that the new port will also benefit other Queensland ports and said the cruise terminal would “cut a very elegant and sophisticated edition to the north side of the river.”