Tags

, , , ,

It is official! Darwin’s economic future was just guaranteed at 9.30am this morning when INPEX officially announced their Final Investment Decision in the Ichthys Gas project.

This is a $35 Billion project which will be supported by Darwin with all gas produced being piped back to the Darwin hub. It is a project with a lifespan of 40 years which will independently employ over 3 000 workers at its peak.

www.ntnews.com.au/news/special-reports/inpex/

It has been projected by Australian Government Departments that this project individually will support a growth to the Darwin economy of 18% per Annum. The support industries required to surround a project of this size is immeasurable however obviously enormous.

Friday the 13th January, 2012 will go down in Darwin’s history as the day that the largest economic decision for the Northern Territory ever was released.

This is huge news for anyone currently invested in Darwin and huge opportunity to for those prepared to invest in Darwin…..Party Time in the NT.