The Northern Australia Infrastructure Facility (NAIF) aims to promote economic and population growth in northern Australia by constructing new economic infrastructure or by materially enhancing existing economic infrastructure.
NAIF will offer up to A$5 billion in concessional finance to encourage and complement private- and public-sector investment in economic infrastructure (such as airports, ports, rail, energy, water, transmission lines, pipelines and communications technology) that otherwise would not be built, or would not be built for some time.
NAIF is designed to complement private capital and address financing gaps, such as providing longer-tenor finance, to enable projects to become financially viable.
Visit industry.gov.au/industry/Northern-Australia-Infrastructure-Facility/Pages/default.aspx for more information.