Trade and investment
Northern Australia’s proximity to Asia and other international trading partners makes it a critical global gateway for the nation.
The government’s northern Australia agenda has created an environment that encourages investment and business in the north, including by building better physical and institutional links across and into the region, so that goods, services and people move quickly and efficiently across borders.
The government has built on the success of its “single point of entry” for major projects in northern Australia by establishing the Major Projects Facilitation Agency Darwin office.
Find out more about the Major Projects Facilitation Agency.
Investment and business links
To increase investment in the north, the government hosted the 2015 Northern Australia Investment Forum in Darwin, which bought together international and domestic investors and northern producers and businesses. The forum was attended by more than 350 global investors from over 20 countries and the Australian Trade and Investment Commission continues to monitor post-forum investment outcomes and ongoing interest from international investors.
The Ministers for Resources and Northern Australia and Trade, Tourism and Investment hosted the second Northern Australia Investment Forum in Cairns in November 2017.
The 2017 forum focussed on resources and energy; food and agribusiness; and tourism investment opportunities; and bought global investors together with northern companies and entrepreneurs, particularly on early-stage and greenfield ventures. It also showcased successful and potential Indigenous investment projects with land holders available to engage directly with investors on specific projects.
For more information on northern investment forums visit the Austrade website.
Stronger connections have been forged with our regional neighbours and links between northern Australia and the Association of Southeast Asian Nations (ASEAN) and the Asia-Pacific Economic Cooperation (APEC) connectivity agendas have been strengthened.
The White Paper has provided $2.5 million in development assistance to enhance business links between Australian businesses and Papua New Guinea, Timor-Leste and Indonesia.