The Finocchiaro CLP Government has launched the Territory Growth Initiative (TGI) - a new strategy to fast-track private investment and drive economic growth across the Northern Territory.
Minister for Trade, Business and Asian Relations Robyn Cahill said the TGI demonstrates the CLP's commitment to rebuilding the economy as part of its year of action, certainty and security.
"The Territory Growth Initiative shows the Territory is open for business and the best place to invest," Ms Cahill said.
"By partnering with industry and creating a more business-friendly environment, we're unlocking private capital to deliver real economic benefits and create Territory jobs."
TGI is already delivering - unlocking a $22.8 million tourism boost for Central Australia, backed by a $10 million concessional loan on commercial terms.
The Uluṟu-Kata Tjuṯa Signature Walk, set to launch in time for the 2026 walking season, will offer guests an unforgettable five days and four nights of outback indulgence along a 54km trail inside the World Heritage Listed Uluṟu-Kata Tjuṯa National Park.
In Darwin for the Northern Territory Investment Summit, Neil Lynch, Managing Director of Uluṟu-Kata Tjuṯa Signature Walk Pty Ltd said, "We always knew we wanted to deliver a one-of-a-kind overnight hiking experience in the red centre -a combination of premium infrastructure, a timeless landscape, and a 60,000-year-old culture -but bringing that vision to life requires significant upfront investment as well as government support.
"Being supported by the Northern Territory Government's Territory Growth Initiative, and the first recipient of their Collaborative Investment Program loan, was extremely valuable and enabled us to unlock lasting benefits for global adventurers and for Traditional Owners, who gain a platform to share their culture and country with the world."
Under the Initiative, investment opportunities are assessed through rigorous due diligence with advice from an independent Investment Committee of industry experts.
TGI offers three pathways of investors:
Collaborative Investment Program (CIP):Loans up to $10 million to help Territory businesses become investment ready or attract new businesses in energy, defence, agriculture, mining and tourism.Territory Infrastructure Loans (TIL):Delivered with the Northern Australia Infrastructure Facility, providing concessional loans for infrastructure development.Paspalis Co-Investment Fund (PCF):Supporting NT-based companies to grow, expand and create jobs, with investments up to $5 million focused on defence, agriculture and technology.
These products will unlock new economic activity, strength supply chains and support a skilled local workforce.
