Valued at over $740 million in 2019-20, the Territory’s agriculture, forestry and fisheries sector produces clean, safe and natural products in pristine environments and continues to grow through expansion and diversification.
Opportunities are available to invest in established and new ventures at all stages of the supply chain to deliver fresh, safe food to Australia and international markets, including in well-established supply chains of both beef cattle and buffalo to south-east Asia.
The potential to grow and produce foods at scale throughout the Territory is supported by excellent water resources and suitable soils, while the remote location provides a distinct advantage for strict biosecurity management with natural protection against pests and disease.
The Port of Darwin is one of the busiest livestock ports in the world for cattle, enabling the Territory to be a reputable producer and supplier to international markets and other states of Australia. The Darwin International Airport export hub supports the delivery of international airfreight of premium agricultural products to the world.
Already a substantial producer and supplier of high-quality mangoes (supplying 50% of Australia's total crop), melons and Asian vegetables to domestic and international markets. Increasing demand from Asian markets for tropical fruits provides opportunities for investors to further develop the horticultural industry.
Investment into broad acre cropping will produce a range of irrigated and dryland crops including cotton, sorghum and soybean. Demand for protein is on the rise in Asia and locally sourced protein will support continued improvement in beef cattle production.
After cattle grazing, forestry is the second largest user of land, with stands of Acacia for wood chip, African mahogany for cabinet timber and Indian sandalwood for a range of wood and oil products.
The extensive coastline provides many sites of pristine water suitable for fishing and aquaculture. With substantial scope to participate directly in wild catch fisheries, aquaculture, fish processing and value adding opportunities.
Investment models include:
- active investment
- silent investment
- share farming or lease.
Darwin International Airport will facilitate the expansion of international airfreight of premium agricultural products to the world through the development of an export hub.
Frances Bay mooring basin lock upgrade.
Related investment opportunities
- Beef cattle production
- Fisheries and aquaculture
- Horticulture, broad acre cropping and forestry
- Tiwi Islands