Department of the Legislative Assembly, Northern Territory Government

Mr MILLS - 2004-12-01

You have variously described the waterfront project as a $600m project; a $1.2bn project; and now a $1bn project. Given the significant amount of money involved, on what basis were these figures arrived at, and on what basis have they been subsequently changed?

ANSWER

Madam Speaker, when we put the waterfront project out for expressions of interest, we believed it was of the size of $600m. With the preferred tenderer’s project, we are confident of a $1bn project. With all due respect to my colleague, the Minister for Business and Industry, he slipped up a bit yesterday and called it a $1.2bn project. This is, with much pride, a $1bn project for Darwin.
Last updated: 09 Aug 2016