Published on : Wednesday, July 11, 2018
The 2015 port deal raised the concerns about national security and the US government complained it should have been consulted given its military presence in the Top End capital.
Landbridge also plans to build residential apartments on the site and invest a lot more money expanding the size of the port and logistics infrastructure, the cruise ship terminal and building a sea wall.
Landbridge Australia Vice-President Mike Hughes said that he hoped that after the initial criticism of two-and-a-half years ago people realised the company’s investments had been a sensible, commercial one that had been good for Darwin.
The restarting of manganese exports and start of gas exports due this year from the major Inpex offshore project indicated the port’s performance would improve next year.
NT Chief Minister Michael Gunner told that the luxury Westin-branded hotel is due to be completed in 2021.
The government will invest $17 million in a skywalk to connect the new hotel to the CBD, retained a 20 per cent stake in the port and was comfortable with Landbridge’s investments.
This new project is expected to create up to 500 jobs for Territorians during construction and a further will generate 150 jobs ongoing in operation and local businesses who can tender for contracts.
Tags: Australia, china, Chinese Hotel Group