Project Sea Dragon: $200 million worth of contracts to be released for tenders in 2020
Seafarms’ Project Sea Dragon has commenced construction at the Bynoe Harbour Core Breeding Centre with earthworks and bitumen being laid for access roads, along with outlet ponds and fencing.
Contracts worth $200 million are anticipated to be released by Seafarms for Northern Territory (NT) businesses to tender for this year, through the NT’s Industry Capability Network (NTICN) project gateway.
Project Sea Dragon is a $1.45 billion prawn aquaculture project which will ultimately see the development of up to 10,000ha of ponds for black tiger prawn production facilities. The project is the largest of its kind in Australia.
In the last year, Seafarms opened its local Darwin CBD office and invested $5.6 million in to the Territory.
Works at Bynoe Point, totalling $1.4 million, have been awarded to 100% owned and operated NT businesses.
The Northern Territory Government has invested over $56 million in roads which will help support this project, such as:
- $32.2 million to upgrade Gunn Point Road to a two lane sealed standard to the entrance of the project site at Gunn Point
- $7 million to provide an access road to the Point Ceylon, Bynoe Harbour site
- $17.5 million to upgrade the Keep River Plains Road to ensure year round access between Kununurra and Legune Station.
In December 2019 the Indigenous Land Use Agreement for the Legune Grow Out Facility was registered by the National Native Title Tribunal, with native title holders having used some of these funds to upgrade the Marralum Outstation.
Stage one of the Project Sea Dragon facility is to consist of 1,180ha of land‐based production ponds and 324ha of internal recycling ponds at Legune Station, 110kms north east of Kununurra.
The project at full scale has the potential to create around 1,500 ongoing jobs, diversify the Territory’s economy and cement the NT as the capital of Northern Australia.