Territory Stories

Driving international engagement and economic opportunities for the Territory

Details:

Title

Driving international engagement and economic opportunities for the Territory

Member

Manison, Nicole Susan

Political affiliation

Australian Labor Party

Collection

Media Releases for 14th Assembly 2020 -; Media Releases; ParliamentNT

Date

2022-03-28

Notes

Made available via the Publications (Legal Deposit) Act 2004 (NT)

Language

English

Subject

Economic development; International commerce

Publisher name

Northern Territory Government

File type

application/pdf

Use

Issued as a Media Release

Copyright owner

Northern Territory Government

Parent handle

https://hdl.handle.net/10070/860162

Citation address

https://hdl.handle.net/10070/860164

Related items

https://hdl.handle.net/10070/860163

Page content

ASIA PACIFIC AIRCRAFT STORAGE (APAS) Its an amazing sight to see rows and rows, and billions of dollars worth of aircraft set against the central Australian backdrop of Alice Springs. The facility is the first purpose built aircraft storage and recycling facility for the region, with proximity to Asia creating flexibility for customers operating aircraft throughout the Asia Pacific region. The dry, arid, low humidity environment in Alice Springs is ideal for the preservation of aircraft and enables an aircraft storage facility that caters for short, medium and long term storage needs. Asia Pacific Aircraft Storage (APAS) is the winner of the 2011 NT Chief Ministers Export and Industry Award for Professional Service and Regional Exporter. APAS received the NT Governments Infrastructure Grant of $1.5 million and $3 million in Business Concessional Loans through the Local Jobs Fund for the development of stages two, three and four at Alice Springs Airport to house and maintain international and domestic commercial aircraft. APAS has significantly expanded its Alice Springs-based workforce, with more than 70 full time Alice Springs based personnel employed in 2020, expected to increase by a further 50+ direct jobs over the following five years. The project is set to directly boost the Territorys economy by $5.8 million with a flow on effect of $5.2 million. 25