The Northern Territory government is investing $4 million aimed at strengthening the Territory’s position as an investment destination for sectors such as mining.
The funding, to be rolled out over the next two years, is part of the government’s Year of Growth, Certainty and Security. It aims to ensure the Territory remains a frontrunner against competing jurisdictions across Australia and the Indo-Pacific.
A central pillar of the strategy is the delivery of a proactive, in-market engagement program. This initiative will target high-growth sectors where the Territory holds a competitive edge, including critical minerals, defence, agribusiness, tourism, and renewable energy.
Minister for Trade, Business and Asian Relations, Robyn Cahill, warned that the Territory cannot afford to be complacent in an increasingly volatile global economic climate.
“Global competition for investment is intensifying, and without continued engagement, we risk investor attention and capital shifting to competing jurisdictions,” Cahill said.
The Minister emphasised that the Territory’s geographical proximity to South East Asia, combined with its vast natural resources, provides an advantage that requires active promotion to be fully realised.
“The Territory’s natural advantages, world-class critical minerals, productive agricultural land, renewable energy potential and unmatched proximity to South East Asian and Indo-Pacific markets give us a compelling proposition, and this investment ensures that the world knows exactly what the Territory has to offer.”
The investment will deliver a proactive investor engagement program, including hosting the second NT Investment Summit in Darwin in July.
The summit is expected to act as a high-level matchmaking hub, connecting global institutional capital with shovel-ready Territory opportunities.
By moving decisively to maintain momentum, the state government aims to bridge the gap between interest and final investment decisions.
