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ARTICLE · 13 NOVEMBER 2017

Northern Australia Infrastructure Facility reveals its project pipeline and progress

Clayton Utz
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NAIF makes its first Investment Decision, and has dozens of projects at varying stages of consideration in the pipeline.

AustraliaReal Estate and Construction
Margaret Michaels
Margaret Michaels
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NAIF has made its first Investment Decision, and has dozens of projects at varying stages of consideration in its pipeline.

However slowly, progress is being made by the Northern Australia Infrastructure Facility (NAIF), according to a recent update from NAIF CEO Laurie Walker, who says 63 projects are in an active phase, ten projects are in the Due Diligence or Execution phase, and an Investment Decision has been made.

Established on 1 July 2016 in an effort to encourage and support investment in infrastructure in Northern Australia through the provision of loans to eligible project proponents, NAIF may approve loans up to 30 June 2021 with a total $5 billion in aggregate available.

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