Territory Stories

The Northern Territory news Wed 15 May 2019



The Northern Territory news Wed 15 May 2019

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NT news


The Northern Territory news; NewspaperNT




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Community newspapers -- Northern Territory -- Darwin; Australian newspapers -- Northern Territory -- Darwin

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News Corp Australia

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Copyright. Made available by the publisher under licence.

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News Corp Australia



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WEDNESDAY MAY 15 2019 BUSINESS 23 V1 - NTNE01Z01MA SEAFARMS Group has finalised an agreement with the Northern Territory Government on the lease for Bynoe Harbour, which has enabled the first contract for works to begin on the Bynoe Harbour site. The issuing of the Crown Lease over the land at Bynoe means work can now start on Project Sea Dragons (PSD) Broodstock Maturation Centre, Core Breeding Centre and early hatchery facility. Project Sea Dragon is a staged $1.5 billion development over seven years to create 10,000ha of ponds capable of producing 100,000 tonnes of high-quality Australian black tiger prawns each year. Dr Chris Mitchell, Managing Director of Seafarms Group, said this was another step towards the development of a world-class black tiger Bynoe lease for Seafarms prawn breeding program for Project Sea Dragon and eight full-time jobs would be created with the facility. The facility at Bynoe Harbour is critical to the production of domesticated, high health status black tiger prawn bloodstock, Dr Mitchell said. This is yet another step in the development of what will be a world-class black tiger prawn breeding program for Project Sea Dragon. This domestication and breeding program is a key biosecurity strategy for Project Sea Dragon that will also drive tangible productivity gains generation on generation. Initially, the facility will create up to eight full-time jobs and we are expecting that the number of jobs here in the Territory will continue to grow from there. Broodstock prawns require careful husbandry and this development will introduce new technical skills into the Territory economy over time. This announcement, along with the opening of our office in the Darwin CBD, demonstrates the shovel-ready status of the project. The office opening followed closely on the back of a string of good news over recent weeks. Most notably was the Japanese seafood giant Nissui increasing its investment in the project with another $3 million to go with the $25 million it has already invested. Seafarms has also extended the application period for its share purchase plan until May 22. Seafarms has so far raised more than $3.8 million. Under the share purchase plan, eligible shareholders may subscribe for up to $15,000 of new fully paid shares in the company at a price of $0.09 a share. BOAB now with SAs KWP! ADELAIDE advertising agency KWP! is expanding its footprint in the Northern Territory with the acquisition of design and branding business, BOAB. BOAB founder Brett Jacobs and team members Mike Frier and Amber Young will join KWP! Darwins team of Kaia Wright and Tristan Glover, who move into a new office space later this year. KWP! established a presence in the NT in 2017, and won a two-year contract for Tourism NT in 2018. Founded in Adelaide in 1991, KWP! employs 62 staff in Adelaide and Darwin and has also enjoyed 20 per cent year-on-year growth in the past three years. Group managing director David OLoughlin said the deal demonstrated KWP!s longterm commitment and investment in the NT. We love the NT and have moved to partner with the best creative minds in the region to strengthen our full service of fering and establish an innovative design hub to service national clients from the Darwin office, he said. Ms Wright, KWP! Darwins general manager, said the team was excited to welcome BOAB into the fold. We are confident that our combined talents will help create opportunities and produce even better outcomes for our combined and new clients in the NT as well as nationally, she said. . BUSINESS NEWS GARY SHIPWAY Brett Jacobs, Kaia Wright and Tristan Glover The Myilly Point project will acknowledge the history and cultural significance of the site, and benefit the community by creating cool, active spaces for Territorians to enjoy. The Myilly Point playground and landscaping works project was born from community feedback, the works will deliver both a Youth Zone and an adventure Play Zone, as well as active recreation areas. A Youth Zone will provide: a basketball half court; a skate area; and tropical landscaping and services. An Adventure Play Zone will include: options for shaded play equipment; active climbing areas; balance beams; and seating. Additionally, Myilly Point will have: a shaded central picnic area, with barbeques and amenities; a one kilometre looped walking and running track; and a one mile (1.6 kilometres) walking and running track. Clear feedback from previous community consultation confirmed the importance of re-activating this space, with clear indications the public wanted a leisure area and playground for community use. This project now forms part of the CBD revitalisation program. Works are set to begin in September 2019 and completion is anticipated for February 2020. Further works to recognise the cultural significance of the site will be delivered after the completion of stakeholder consultation. This project will utilise only a portion of the entire site and will enable options for broader development of the site in the future. DEPARTMENT OF INFRASTRUCTURE, PLANNING AND LOGISTICS For further information regarding Northern Territory Government Tenders go to www.nt.gov.au/tenders Myilly Point - concept only The Northern Territory Government has released a tender to design and construct a Playground Precinct and landscaping at Myilly Point. MYILLY POINT TENDER RELEASE

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