The Northern Territory has experienced unprecedented growth in recent years due to extensive developments in LNG projects and infrastructure. On-going upgrades to the Ichthys’ LNG onshore facilities has provided thousands of jobs to Territorians, as well as provide precedent to the territory’s commitment to developing its LNG capabilities. The territory has become ripe with infrastructure initiatives ranging from focused developments in East Arnhem Land, to proposed pipeline projects which aim to connect the territory with other states within Australia.
These developments have facilitated the territory’s spout of recent economic growth and is the result of smart infrastructure spending in key areas of the Northern Territory economy. Producing virtually nothing from its LNG resource base, the Northern Territory now contributes towards roughly 20 per cent of all Australian LNG exports; Australia the 3rd largest exporter of LNG in the world.
Continuing this momentum, the Northern Territory government has pledged more than $1.39 billion in the latest 2015-16 budget towards the development of roads and public infrastructure. This vital spending is in conjunction with the Federal government’s $5 billion loan program to promote infrastructure investment within the region, a large step towards infrastructure development for the Northern Territory and its people.
Endorsed by the Northern Territory government, the 6th Annual Northern Territory Major Projects Conference is a forum for government and industry to discuss the latest infrastructure and major projects taking place within the territory. Held at the Darwin Convention Centre between the 6th & 7th of October, the two day conference attracts close to 400 delegates annually and is considered the largest major projects conference in the territory.
Prominent government representatives including Northern Territory Chief Minister, Hon. Adam Giles, as well as Northern Territory Minister for Transport, Minister for Infrastructure, Hon. Peter Glen Chandler, will be addressing the conference, along with executives from the territory’s top LNG and resource sectors.
This annual event has proven fundamental for the development of infrastructure in the territory, discussing current major developments including the North East Gas Interconnector (NEGI) Project, the Development of East Arnhem, the Palmerston Regional Hospital Development and the Whittaker Street Development.
The Northern Territory is home to more than 3,000 kilometres of gas pipelines which connect both onshore and offshore gas and oil installments. Cheryl Cartwright is Chief Executive of the Australian Pipelines & Gas Association and will be presenting an address at the conference, along with a host of influential speakers from within government and resource sectors.
The territory has also experienced exciting developments in the way of economic partnerships. There has always been a focus on discovering ways to attract investment opportunities, as well as facilitate healthy working environments within the territory. CEO of the Developing East Arnhem Land project, Carley Scott, has been heavily involved in the co-ordination of business and economic relationships in the Arnhem Land region, through her expertise in business and communications.
The recently released Northern Australia White Paper also promises exciting opportunities for continuing the financial and economic advantage of the Northern Territory, particularly in gaining the support of strategically close neighbours as a prominent hub for business and agriculture exports.
The 6th Annual Northern Territory Major Projects Conference is being held at the Darwin Convention Centre on the 6th & 7th of October.
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