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Significant milestone to pave way for NT jobs
The Northern Territory Government has reached a key project agreement with Seafarms to develop one of the world’s largest aquaculture projects.
The finalisation of the Project Development Agreement sees Seafarms Group commit to establishing its headquarters for Project Sea Dragon and the relocation of its ASX registered office in Darwin.
Project Sea Dragon is a $1.45 billion prawn aquaculture project that will see the development of up to 10,000 hectares of land for black tiger prawn production facilities. It is the largest of its kind in Australia, one of the largest in the world, and once fully-operational expected to create around 1,500 jobs.