East Arnhem region expecting investments to enhance tourism along with other sectors

Published on : Friday, August 1, 2014

Tourism-NT-300x105Chief Minister Adam Giles has launched a new guide aimed at attracting potential investment to the East Arnhem region.
“The East Arnhem Investment Guide sends a clear signal that the region is open for business and reiterates the commitment of Government, Rio Tinto Alcan, land owners and local business to economic growth in East Arnhem,” Mr Giles said.
“We want to diversify the economy of this area as it

transitions away from a one industry town and this guide will provide a great resource for potential investors.

“The region has a positive economic future, with strong growth potential across a range of sectors, including; oil and gas, mining, tourism, arts and culture, transport and logistics, education, health and border protection.
“Only yesterday, I was pleased to announce the Territory Government’s support for a new tourism venture that will see visitors travel to Gove on a working cargo barge.
“It’s this sort of innovation that is going to help the East Arnhem prosper going forward.
“The region truly is an untapped asset which is critical to our Northern Australia development agenda and the Territory Government is increasingly looking for partners to develop new businesses and income-generating enterprises.
“I’d like to acknowledge everyone involved in developing the Investment Guide, including Rio Tinto, the Northern Land Council, the Gumatj and Rirratjingu corporations, the Chamber of Commerce, Dhimurru Aboriginal Corporation, the East Arnhem Regional Council and the staff of my Department.
“Earlier this week I travelled to Sydney to speak to a national audience of corporate movers and shakers about the vast investment opportunities which exist in Northern Australia.
“We want to unlock the potential of the North and are working with the Federal Government to make this happen but private capital will also be critical to getting projects off the ground.
During his visit in Gove, Mr Giles also released the Gove Taskforce report and an Economic Development Strategy provided by the Government’s expert economic advisory panel.
“I would like to thank Taskforce members for their commitment and effort in preparing this report, especially Gove Community Advisory Committee representatives Timmy Burarrwanga, Banambi Wunungmurra, John Tourish and Denise Fincham,” Chief Minister Adam Giles said.
“Business and community leaders are also looking to the future, with opportunities arising from the availability of existing assets in the region, including the Gove port.
“These opportunities are highlighted in the Investment Guide as well as both the Taskforce report and the East Arnhem Economic Development Strategy.
“I have accepted all of the recommendations made by the Taskforce and we will continue to work closely with communities across the region as we deliver against these priorities.”


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