17 Jul 2020

NAIF loan to Charles Darwin University expansion receives full approval

Charles Darwin University’s (CDU) expansion plans have moved forward, with the Northern Australia Infrastructure Facility (NAIF) fully approving a loan up to $151.5 million to support the university’s growth.

NAIF’s investment decision, which has been approved by the Minister for Resources, Water and Northern Australia will enable the Darwin City Deal’s Education and Community Precinct to progress, comprising:

  • a new CDU city campus, and
  • a central city library (co-locating parts of existing libraries at CDU and Northern Territory Government).

Read the full media release on the Australian Government Northern Australian Infrastructure Facility website.