To reach our 2030 goals and beyond, investment in the right infrastructure is key to sustaining this growth over the longer term. The enabling infrastructure ecosystems will be the backbone supporting economic and population growth.
Using an integrated infrastructure ecosystem approach is a new way of thinking about our infrastructure needs and how to address them. Thinking about our infrastructure as an ecosystem will help plan a more integrated approach. Strategically looking at the entire ecosystem, rather than individual parts, allows us to observe synergies and help get more ‘bang for our buck’ when investing in infrastructure.
Transport and logistics supports both economic and social outcomes. Reliable connections and supply chains provide access to health, education and jobs as well as export markets and business opportunities. Integrating our transport and logistics network with the other parts of the infrastructure ecosystem will maximise the benefits that can be achieved.
Utilities are fast becoming our economic powerhouse. However, they are also essential for the wellbeing of Territorians. Electricity, energy, water and digital and telecommunications infrastructure are key to winning investment and supporting population growth. Waste management is not only about managing our own waste – with the adoption of a circular economy, it is an economic opportunity as well.
Social infrastructure is essential to the wellbeing of Territorians. It supports the critical government services of health, education, emergency management and public safety. Social infrastructure also supports our quality of life through the provision of housing, sporting facilities and recreation opportunities.
Land is critical to all infrastructure. Integrated land and infrastructure planning is an essential part of the ecosystem growth. A key value proposition for the Territory is our abundance of developable land. With only 1% cleared land and 50% Aboriginal freehold tenure, our land presents a unique opportunity to sustainably develop through economic, environmental, social, cultural and governance sustainability principles – something many investors are looking for globally.
