01 Oct 2022
Agribusiness Financing
NT Farmers cotton gin study
Priority Sector Collaborative Grant of $58,397.50 for feasibility studies.
The Local Jobs Fund allowed NT Farmers Association (NTFA) to explore the viability of building the Northern Territory’s first cotton gin.
The NTFA engaged PricewaterhouseCoopers to conduct a feasibility study and business plan into the viability of a modern cotton industry in the Territory. The report reinforcing Katherine as the best location for the cotton gin (a machine for cleaning cotton of its seeds) calculating 400,000 bales of cotton could be produced in the Territory over the next 10 years.