20 Nov 2017
Chief Minister of the Northern Territory
The Northern Territory’s investment potential will be showcased to an international audience when Chief Minister Michael Gunner and Primary Industry and Resources Minister Ken Vowles lead a business, industry and government delegation to the Northern Australian Investment Forum (NAIF).
The Team NT delegation will attend the forum - which connects high-level investors from around the world with projects - in Cairns from Sunday to Tuesday this week.
“We promised to focus on creating local jobs and this two day Forum will be about Team NT telling the world we are a great place to invest,” Mr Gunner said.
“It’s an opportunity to showcase Northern Australia’s investment opportunities to an impressive and powerful international audience, and connect investors with projects.
“Northern Australia has some of the most compelling and attractive major project investment opportunities in Australia – we are seeking investors with a long-term interest in creating local business opportunities and jobs in the Territory.
“This is an opportunity for top tier international companies to meet with proponents of projects in the Northern Territory plus key private sector, community and government representatives.”
The NAIF is expected to attract over 500 participants, including 250 investors from around the world.
Team NT is made of Government officials across Trade, Business and Innovation, Primary Industry and Resources, Tourism and Culture, Land Development Corporation, as well as project proponents from the Territory.
The Territory Labor Government is backing private-led investment in the Territory through a $1.75 billion infrastructure budget spend this year to back growth industries such as mining and agribusiness - and in turn support local jobs.
Mr Vowles said much of developing the north revolves around primary industry and resources and he would take the opportunity to meet with as many people as possible to discuss investment opportunities.
Mr Vowles, who was also recently named Minister for the Arafura Games, said he will take every opportunity at NAIF to discuss the return of the Games with representatives from target Asian countries.
“Bringing back the Arafura Games is largely about building business and investment networks in the Asia region,” he said.
“So events such as this I attend as Minister for Primary Industry and Resources are the ideal opportunity to champion the Games.”
Media Contact: Cam Angus 0401 021 192