NAIF's Purpose
NAIF’s primary purpose is to accelerate infrastructure development and thereby drive transformational growth in northern Australia by innovative financing that:
- Generates public benefit including that outside of what is captured by the project proponent;
- Encourages longer term growth in the economy and population of northern Australia;
- Encourages private sector participation in the financing of northern Australia’s infrastructure needs; and
- Facilitates sustainable Indigenous participation, procurement and employment outcomes.
NAIF is a key participant in the Australian Government’s agenda to unlock the potential of northern Australia for the benefit of all Australians. NAIF looks to support projects and businesses in northern Australia to facilitate economic growth and help catalyse private sector investment.
Visit
https://www.transparency.gov.au/annual-reports/northern-australia-infrastructure-facility/reporting-year/2019-20-10