Information on the NAIF application and approval process is available here.
NAIF Pipeline as at end May 2018
As at end May 2018 NAIF has received 216 enquiries across a range of sectors.
97 of these enquiries are currently active and are across all three jurisdictions.
– Queensland 63%
– Northern Territory 10%
– Western Australia 25%
– Cross Jurisdictional 2%
Pipeline Due Diligence and Execution phases
A total of 18 projects are in NAIF’s due diligence phase. Information about the due diligence process is available here.
The NAIF Board has made its first Investment Decision regarding the Onslow Marine Support Base Project in Western Australia, indicating to the Deputy Prime Minister it proposes to offer financial assistance of around $16.8m for a multi-user infrastructure port and marine supply.
The NAIF Board has made its second Investment Decision in relation to the Humpty Doo Barramundi Pty Ltd stage one expansion of its barramundi farm in the Northern Territory, indicating to the Minister for Resources and Northern Australia it proposes to offer financial assistance of up to $7.18m for development of a solar farm, a medium fish nursery, processing equipment and adult fish feeding systems.