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Hotel market rising with global investors setting sights on the Darwin Convention Centre Hotel
Darwin’s hotels market continues to outperform the national average, with 2022 recording a 43.6% revenue per available room uplift compared to 2021. This comes off the back of a competitive expressions of interest (EOI) process for the Darwin Convention Centre Hotel closing.
One step closer to new outback hiking experience
A project facilitation agreement has been signed for the Watarrka Track, located 330km south west of Alice Springs, which is set to be one of Australia’s most scenic multi-day walking experiences.
Advanced Manufacturing Growth Centre throws support behind first Big Rivers proponent
A Big Rivers business will become a leading supplier of kitchen products for the Northern Territory, after Katherine Joinery received support through the Advanced Manufacturing Ecosystem Fund (AMEF).
Loading begins for Territory’s first lithium exports
Core Lithium has achieved another major milestone with the first shipment from the Finniss Lithium mine being prepared at Darwin Port this week.
Local Jobs Fund investment awarded to 2 proponents
Local Jobs Fund is accelerating industry in the Territory with investment in Life H20 and Headland Food Group.
Headland Food Group
Headland Food Group has accessed 2 business concessional loans through the Local Jobs Fund.
Life h2o Australia Pty Ltd
The Local Jobs Fund will invest $2.5 million to assist the business to establish a manufacturing facility based in Darwin, and is expected to create 15 local jobs.
Amphibious aircraft arrives in Darwin ahead of manufacturing
Amphibian Aerospace Industries (AAI) today achieved a key milestone in its plans to grow a manufacturing footprint in the Territory.
Arafura Rare Earths received NT approval
Australia’s Northern Territory Government has given approval to Arafura Nolans Project to commence mining operations in the Territory.
Development RFT release for accommodation in Katherine and Alice Springs.
This project aims to deliver 180 dwellings in Alice Springs and 240 in Katherine. Half of these dwellings will be used to accommodate key workers in the regions.
Darwin Convention Centre Hotel EOI opens
The expression of interest (EOI) for the Darwin Convention Centre Hotel is now open with 6 international hotel operators already interested in the project.
Major milestone for Arafura Rare Earths
The Northern Territory Government has welcomed a milestone announcement by Arafura Rare Earths that they’ve signed a binding offtake agreement with South Korean based Hyundai Motor Company.