NT takes next step in ship lift project
Following the Northern Territory (NT) Government’s announcement yesterday that a ship lift will be built in the NT, the Chief Minister has today met with the Northern Australian Infrastructure Facility (NAIF).
The Chief Minister met with Chair Khory McCormick while in Queensland for the Council of Australian Governments (COAG), with Mr McCormick confirming the due diligence process to consider a loan for the project is well underway.
The NT Government has committed $100 million for the $400 million project at East Arm and will seek the additional funding through either the NAIF or the Australian Government.
Read the full media release on NT takes next step in shift lift project.