Driving $40 Billion Economy by 2030

NT Government

The Chief Minister will meet with major companies and investors interstate this week to continue growing a $40 billion economy by 2030.

In a sign of our economic comeback and getting back to business, these will be the first interstate meetings by the Chief Minister since the start of the global pandemic.

Former co-chair of the Territory Economic Reconstruction Commission Andrew Liveris will meet with the Chief Minister to further discuss developing Middle Arm into a globally competitive, sustainable industrial precinct and the Territory’s progress in growing a $40 billion economy.

Middle Arm discussions will also continue later in the week when the Chief Minister meets with Santos.

He will catch up with the Australian Space Agency ahead of the historic launch of three NASA sounding rockets from the Arnhem Space Centre this dry season, well as meeting with the G’Day Group, who are making big investments to further the Territory’s tourism potential, and 5B to increase investment and solar capabilities.

In addition, the Chief Minister will meet with the new Premier of South Australia Peter Malinauskas, to discuss the Territory’s historic and unique strategic partnership with South Australia.

The Territory is home to $11 billion worth of committed projects and around $35 billion worth of planned and proposed projects in the pipeline.

Quotes from Chief Minister Michael Gunner:

“We are heading south to keep hunting investment opportunities to keep growing a $40 billion economy by 2030.

“This week we’ll be getting back to business face-to-face with some of the biggest investors to continue working with them on projects that benefit the Territory, and to expand them to create more jobs for Territorians and more opportunities here for business.

“We’re sending a strong message to Australia, and to the world – we are open for business and we are capitalising on every opportunity.”

/Public Release. View in full here.