Fresh doubt has been cast over the future of a half-a-billion-dollarNorthern Territory government project after the collapse of one of the major companies involved.
Key points:
- A major contractor on the $515 million ship lift facility has entered administration
- The project has already faced delays and a $115 million cost blowout
- Critics of the projectare concerned the problems could continue
The government is adamant the $515 million ship lift will go ahead, while its critics have questionedif continued delays and cost blowouts could push the project beyond feasibility.
The taxpayer-funded facility was intended to bring millions of dollars into the economy each year with infrastructure that would service large vessels in Darwin Harbour.
But the…
Read the full article at: https://www.abc.net.au/news/2022-12-07/nt-darwin-ship-lift-project-in-question-clough-collapse/101745174