The Territory's Investment Commissioner, Andy Cowan is travelling to Japan and the US to meet with key investors to further investment opportunities for the Territory and continue growing a $40 billion economy by 2030.
He will meet with Japan Oil, Gas and Metals National Corporation and Osaka Gas to discuss investment opportunities following the recent funding announcements for the Middle Arm Sustainable Development Precinct. He will also meet with global technology company, NEC Corporation, and other digital companies, to discuss opportunities to grow the Territory's technology industry ecosystem on the back of significant private sector investment in subsea fibre optic cable and data centre infrastructure.
The Commissioner will also travel to the US, to meet with Crowley following construction beginning on its US Defence fuel storage facility at East Arm. He will also meet with Tesla, off the back of the company signing a binding agreement with Core Lithium following Final Investment decision on the Finniss Lithium Project. There will also be meetings with other companies about the opportunities to expand their operations and investment in the Territory, focusing on advancing the Territory's capabilities in key industries including critical minerals, gas, hydrogen, defence, digital and space.
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 Investment Commissioner Andy Cowan:
"Engaging investors and proponents with the capacity to help us deliver a $40 billion economy and create jobs is essential. Recent news like Tesla investing in the Territory, NEXTDC establishing data centres in Darwin and NASA preparing for launches in Arnhem Land means there is national and global attention on the Territory, its strategic advantages and opportunities - and we must take advantage of that.
"We will leave no stone unturned when it comes to letting the world know why the Territory is Australia's best investment"
