Northern Australia airports to receive USD215m funding for vital upgrades to boost trade and tourism

    Australia‘s Minister for Resources and Northern Australia Matthew Canavan approved (06-Sep-2018) finance for a AUD300 million (USD215 million) expansion of airport facilities in Darwin, Tennant Creek and Alice Springs. Details include:

    • Projects to receive AUD150 million (UD107 million) loan from the Government’s Northern Australia Infrastructure Facility (NAIF);
      • NAIF’s approval is conditional on the conclusion of various management plans and additional consultation with stakeholders. NAIF will work with Northern Territory Airports to meet these conditions in the coming months;
    • Construction of cold storage and an export hub at Darwin International Airport (DRW);
    • Construction of solar energy farms at DRW, Alice Springs and Tennant Creek airports and an offsite multi user battery to be located 80km from Darwin;
    • Resurfacing of Alice Springs Airport runway, taxiways and apron and installation of new runway lighting;
    • Up to 1000 jobs expected to be created during the construction phase, in addition to supporting around 500 indirect jobs via the supply chain;
    • More than 140 new ongoing positions;

    Airport Development Group CEO Ian Kew welcomed the funding, stating: “This investment will grow our reputation and capacity to attract bigger planes to carry more tourists and more of our region’s iconic products such as mud crabs, barramundi, mangoes and melons to the world”. [more – original PR]