Budget 2022: Gove Maritime Precinct to Drive Investment

NT Government

7 May 2022

The Territory Labor Government is investing $10 million over three years to upgrade the commercial precinct at the Gove Port to expand the Territory’s maritime industry and create jobs.

The project will enable co-investment opportunities in marine and landside enabling infrastructure with Traditional Owner businesses, the private sector and the Commonwealth.

Key growth areas for industry development at the Gove Port include commercial fishing and aquaculture, tourism, defence and border protection and freight and logistics.

Consistent with this, the Northern Territory Infrastructure Plan includes a broad commitment to improve marine and facilities to support marine industry growth within the region.

The Gove Port Maritime Commercial Precinct will complement the ongoing sealing of the Central Arnhem Road and upgrades to barge landings across the Top End, which will substantially improve connectivity and supply chains in the Arnhem region and facilitate growth across a range of potential industry sectors.

The investment in the Territory ports and marine facilities will support thousands of jobs and provide additional revenue for the Territory.

Quotes from Minister for Mining and Industry, Nicole Manison:

“This is more good news for the Territory’s marine industry, and for our economy.”

“This investment will support jobs in East Arnhem Land, and expand the Territory export capabilities.

“The Territory is Australia’s best investment destination – and the Gove Port Maritime Commercial Precinct will be an important economic driver.”

Quotes from Klaus Helms, Chief Executive Officer of Gumatj Corporation Ltd and Chair of the East Arnhem Economic Growth Committee:

“This is great news for the East Arnhem region and for our economy. The development of the Gove Port is a critical part of the East Arnhem Regional Economic Growth Committee’s plan for industry growth in this highly prospective part of the Territory.”

“The expansion of the Gove Port is a also key part of the Traditional Owners vision for the Gove Peninsula to grow current and new industry to benefit all in the region as we work to transition to a diversified economy over the next five years.

The Gumatj Corporation will work with the existing operators and new users at the Gove Port to drive industry growth and support jobs creation for the benefit of the region.”

/Public Release. View in full here.