What are the different components of the $446 million proposal released by GAC and the Chief Minister in July last year
There are three components of the proposed capital expenditure of $446m as proposed by the Stafford Strategy Consultancy Group for the Jabiru & Kakadu Business Case. The first component of $256.3m includes publicly funded projects such as the Education Precinct, Bininj Resource Centre and supporting infrastructure (roads, electricity, water etc.).
Another component includes public-private-partnership arrangements of around $133.5m to fund projects such as the World Heritage Interpretive Centre, the Government Services Hub and the Medical Centre. The last component of the Jabiru & Kakadu Business Case is privately funded projects worth $56.2m including a Wellness Centre/Spa, Eco Recreation Hub or a 5-Star Lodge & Glamping Facility.
The NT Government will work to leverage this significant investment of public funding to attract more private investment in the future.
Last updated: 11 June 2019