The Chief Minister and the Territory’s Investment Commissioner will meet with major companies in Japan this week, to continue growing a $40 billion economy by 2030.
In a sign of our economic comeback and getting back to business, the travel and face-to-face meetings with key investors will be the first undertaken by the Territory Labor Government since the start of the global pandemic.
The Chief Minister and Investment Commissioner will meet with INPEX to nurture our strong relationship and build upon our joint commitments to increase stable and clean energy supply and security for Australia.
While in Japan they will also meet with Japans New Energy and Industrial Technology Development Organisation and with the Japan Aerospace Exploration Agency, to continue to highlight the innovative taking place in the Territory, including updating the nation on the NASA sounding rockets from the Arnhem Space Centre.
These meetings and more will focus on advancing the Territory’s capabilities in key industries including critical minerals, energy, defence, digital and space.
Importantly, while the Chief Minister is in Japan she will hold an Investment Briefing on Australia’s Northern Territory at the Australian Embassy, speaking to key sectors including clean energy, critical minerals and aerospace.
A tour will be taken of NEC which comes off the back of the April MoU signing this year between the Northern Territory Government, global tech company NEC Australia and NEC Corporation, to develop a sustainable innovation ecosystem, and grow the Territory’s digital capabilities. It follows significant private sector investment in subsea fibre optic cable and data centre infrastructure.
The Chief Minister will also catch up with Amphibian Aerospace Industries following the company’s milestone announcement to manufacture and export amphibious aircraft from Darwin, and its decision to join the Territory’s aerospace manufacturing precinct. A meeting with Osaka Gas will also to occur to further Central Australia’s Desert Bloom Hydrogen project, after it was awarded Major Project status last year.
The Territory is home to about $11 billion worth of committed projects and around $35 billion worth of planned and proposed projects also in the pipeline.
Quotes from Chief Minister Natasha Fyles:
“The Territory is Australia and the world’s investment capital.
“This week we’ll be face-to-face with some of the biggest investors in Japan to expand projects in the Territory, and create more jobs for Territorians and more opportunities for business.
“We appointed the Territory’s very first Investment and Major Projects Commissioners to capitalise on the next big opportunities for the Territory – and from amphibious aircraft manufacturing to the expansion of the Ichthys LNG processing facility – we are already seeing the benefits and exciting new opportunities from this.”
Northern Territory Government
