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Working with Aboriginal and Torres Strait Islander peoples

NT Aboriginal Investment Corporation

The NT Aboriginal Investment Corporation (NTAIC) aims to create jobs, businesses and wealth for Aboriginal Territorians, strengthen culture and support self-determination for Traditional Owners and Aboriginal people across the Northern Territory for generations to come.

The Corporation’s Aboriginal-led Board will make decisions to invest $680 million of Aboriginal Benefits Account (ABA) funding in projects that will support sustainable Aboriginal economies in the NT.  Projects could include investments in Aboriginal businesses and commercial projects like aquaculture, agriculture and tourism enterprises, and support community projects like art centres and youth centres.

NTAIC will be one of the largest commercial bodies in the NT, with spending expected to boost gross regional product by nearly $500 million out to 2029-2030.

The NTAIC Interim Board are currently working on setting up the Corporation, including the NTAIC Art Competition to draw inspiration for the design of a logo for the NTAIC.

The NTAIC will be open for business by the end of 2022.

The NTAIC Interim Board

The NTAIC Interim Board members are diverse with a range of cultural, land and financial expertise. The 12-member Interim Board includes two representatives from each of the four NT Land Councils, two independent directors appointed by Australian Government and two independent directors yet to be appointed by the Interim Board.

Meet the NTAIC Interim Board

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