Regional Economic Information and Updates

The Far North region has seen some very positive outcomes over the last couple of years with several major projects working their way through the system, an active small business environment, new educational facilities/offerings, some encouraging infrastructure announcements, and a raft of other new opportunities to assist the region. As of Quarter four, 2023/2024 financial year, the pipeline of  investment projects across the region totals $11.2 billion, creating 10,664 employment opportunities in construction and 3,703 ongoing. The breakdown of these projects are as follows.

• Private Investment - $426,361,413 – 826 jobs in construction and 734 ongoing
• Public Projects - $89,663,492 – 363 construction jobs and 62 ongoing
• Cultural Projects - $1,550,000 – 5 construction jobs and 20 ongoing
• Infrastructure Projects - $4,312,154,000 – 3,467 construction jobs 1,532 ongoing
• Minerals and Resources - $1,140,000,000 -1,500 construction jobs
• Energy Projects - $5,314,170,500 – 4,458 construction jobs and 1,375 ongoing

For more information on the data profiles of the Far North region, please use the following links for the public profiles.