Corporate Structure
Why invest in the NT?
Australia’s Northern Territory is dynamic and progressive. Strategically positioned close to South East Asia, rich in natural resources and culturally diverse, the Territory should be seriously considered by investors wanting to expand their tourism portfolios.
By any economic measure, the Territory economy has had a great couple of years. In the last financial year it is estimated to have grown by a whopping 7.2% - the highest rate of growth in Australia. Forecasts indicate that this achievement will be consolidated over the coming years with continued growth performance outstripping the national average.
Major resource and construction projects such as the Darwin LNG plant, Alcan alumina refinery expansion, Darwin City Waterfront development and new mineral developments have been driving population and employment growth across the Territory.
The Territory offers major competitive advantages:
- An abundance of natural resources – energy, mineral and agricultural
- Our key location as Australia's Asian Gateway
- A highly skilled workforce
- World-class infrastructure
- Vast areas of land available for development
- Central government planning processes
- Lowest tax environment for small to medium businesses
Tourism in the Northern Territory continues to grow and remains the Territory's greatest employment generator. The Northern Territory is recognised throughout Australia and internationally as a unique and safe destination, rich in natural and cultural assets.
For more information on the Territory economic performance and outlook, click here
How Can Tourism NT Help?
Tourism NT actively supports the development of quality tourism infrastructure throughout the Territory.
If you are considering investing in the Northern Territory, Tourism NT would be pleased to:
- assist in identifying investment opportunities and facilitating introductions with relevant parties
- provide research data and market insights to assist with feasibility studies and business case development
- organise introductions with relevant agencies across the NT Government to aid the approvals process for your project
- provide feedback on development proposals, with regard to their alignment with the strategic direction of tourism in the NT and for their suitability for the Tourism Electricity Support Scheme
