Friday, 27 April 2012

More business opportunities from Japan

Officials from the Northern Territory government led by the Chief Minister, along with the Chamber of Commerce and the Manufacturer’s Council have just visited Japan for important discussions concerning contracts to Territory businesses from the $34 billion Ichthys LNG Project. 

The delegation met with Japanese conterparts to discuss in more detail how contracts from the massive $34 billion project will flow to Territory businesses.

The first contract awarded by JKC went to locally based business Macmahon Contractors Pty Ltd in a 50:50 joint venture with John Holland. The milestone $340 million contract is the single largest contract awarded in the Territory’s history and will create 375 jobs.

As well as being the gateway into Asia, Darwin is fast becoming the oil and gas capital of Australia.

The Territory Government will continue to work with JKC to provide new opportunities for Territory businesses to grow and capitalise on the massive business opportunities brought about by the Ichthys project.

The Local Industry Participation Plan agreed in 2009 means that, as a preference, local goods and services will be used. This means where a service or a product can be sourced competitively from a Territory business, it will be.

Workshops have been held for more than 900 business owners and operators to learn how they can be best placed to bid for and benefit from work on major projects like Ichthys. More workshops are being planned for this year.

Meanwhile, the Territory is set to host the Japan-Australia Joint Business Conference for the first time in 2014, bringing the biggest investors from across Japan and Australia to Darwin.
The conference is the largest of its kind and attracts some of Japan and Australia’s biggest mining and business executives.
Prepared by Bob Woodward & Associates: offering you business consultancy, accounting, payroll administration and ancillary services in Darwin, the capital of Australia’s Northern Territory.