Northern Territory invests into Marine Supply Base
Right on the heels of recent publications regarding the Northern Territory's voluminous employment opportunities, yet another lucrative contract announcement was released today (February 21).
A new Marine Supply Base in East Arm Wharf is set to be developed, with a confirmed investment of $104 million.
Territory chief minister Paul Henderson was enthusiastic about the agreement and seemed confident in the value of the project to the local community.
He said: "There will be opportunities for local businesses with the base expected to employ 125 people at the peak of construction, create 25 ongoing jobs and support over 170 jobs in the broader community."
For Australians who are looking for work, the Northern Territory may be a wise choice to start a career and invest in residential property.
In addition to the profitable mining sector in the region, the government has invested billions of dollars into healthcare, education and infrastructure in the state.
Mr Henderson also noted the government's aim to harness the potential of NT's resource wealth:
"We are fast becoming the oil and gas capital of Australia and are about to undergo a significant economic boom."