Taxpayers will see return on $56 million investment supporting unviable project, NT government insists

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The Northern Territory government insists taxpayers will see a return on a $56 million investment on remote roads supporting a massive prawn farm that is now in dire straits.

The Northern Territory government insists taxpayer money hasn't been wasted with a $56 million investment supporting a private project now deemed unviable.Project Sea Dragon was set to become Australia's largest prawn farm, creating a predicted 1,000 ongoing jobsThe government insists taxpayers will see a return on investment despite serious questions over the project's future

"That road funding has gone out in good faith and, again, I think that does unlock the region for more economic development and it does create new and exciting opportunities there," she said. Stakeholders today said their sights were now set on the company's vision for a scaled-down pilot version of the project, which Seafarms has said could take three years to develop.

"Traditional owners and native title holders are straight talkers. They don't want to be sold pipe dreams.

 

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So in other words Manison can't see a problem, nothing wrong and would do it again? The money wasn't given while she was treasurer by an chance? No wonder the N.T. is a financial basket case.

Well they would say that. 2 or 3 years down the track will be a new govt or minister all with weasel words. Truth etc is kryptonite to Oz govt ministers at all levels

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