Property

NT set to call for EOI on 99,212ha of agricultural land

Grain Central, July 28, 2020

THE NORTHERN Territory looks set to ramp up its agricultural production with the release of three agricultural land releases which jointly cover 99,212 hectares.

Information for potential investors in three NT agricultural land developments is now available. Image: NT Land Corporation, NTFA

Calls for expressions of interests on the Keep Plains Agricultural Development, Larrimah Agricultural Precinct and Wildman Agricultural Precinct will soon be put by the NT Land Corporation, in partnership with NT Farmers Association (NTFA).

NTFA said the developments will see the NT capitalise on increasing demand for quality Australian produce, ensure sustainable continuity of food supply for national and export markets and enhance the profitability and economic resilience of the region.

At 67,500ha, Keep Plains is the largest of the developments, and adjoins Western Australia’s Ord River agricultural developments which have advanced markedly in recent years, with corn and cotton adding to existing enterprises including horticulture.

Keep Plains will be the largest land release for agricultural development in the NT to date, and is seen as offering potential to further establish a variety of commercial broadacre crops, as well as demonstrate how thriving agricultural precincts can be developed where good soil and water resources co-exist across jurisdictional boundaries.

The 26,000ha Wildman Agricultural Precinct is located 135 kilometres east of Darwin, north of the Arnhem Highway along the Point Stuart Road.

The large-scale agricultural precinct is seen as having the capacity to accommodate multiple agricultural and horticultural activities, and high-yielding crops such as bananas, rain-fed forestry such as mahogany, and cattle production.

Located within the Big Rivers Region and with direct access to logistics routes both north and south along the Stuart Highway, the 5712ha Larrimah Agricultural Precinct sits 150 km south of Katherine.

Larrimah is seen as having a unique seasonal advantage, extending the season for crops such as the NT staples of mangoes, citrus and melons, as well as presenting opportunities for a range of dryland and irrigated crops, and development of intensified beef operations.

Source: NTFA

 

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