The Territory's agribusiness sector has taken a major step forward under the Lawler Labor Government, with Duxton Farms Ltd being announced as the preferred proponent to develop a major agribusiness project.
Duxton Farms Ltd, a national farming investor, has purchased 2,386 hectares of the 28,000 hectare Wildman Agribusiness Precinct.
This plot of land is the first stage of the project and Duxton Farms Ltd plans to develop a range of farming operations including livestock, broad acre and horticultural crops.
Agriculture crop such as mangoes, melons and sorghum have the potential to be harvested and grown at this precinct, along with housing cattle.
This purchase is expected to generate great economic stimulus into the region through further investment into farming infrastructure and working opportunities for Territorians.
This sale is a part of the Lawler Labor Governments drive to grow our Agribusiness sector to $2 billion by 2030, with the Wildman Agricultural Precinct key in employing a regional workforce and attracting agricultural investment.
The Territory Labor Government is working to develop a number of agricultural projects across the Territory, one of which being the Wildman Agricultural Precinct located 130 kilometres south east of Darwin and another being Lambells Lagoon.
These precincts are a part of the Lawler Labor Governments drive to grow our Agribusiness sector to $2 billion by 2030 and boost employment opportunities in our regions.
Quotes attributed to Minister for Agribusiness and Fisheries, Mark Monaghan:
"Expanding the Northern Territory's agribusiness sector is critical to driving growth into our regions and getting more Territorians working.
"This sale is an important step to ensuring we develop sustainable solutions for our agricultural and horticultural industries.
"The Agribusiness sector is an important contributor to the Territory's growing economy, so it is vital we continue to support this industry and continue to drive towards our goal of $2 billion by 2030."
Northern Territory Government
