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Australia s Northern Territory will happily take William Creek to attract tourists

Australia s Northern Territory will happily take William Creek to attract tourists
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Carping about Port of Darwin sends anti-investment message

Carping about Port of Darwin sends anti-investment message Landbridge’s CEO says he’s never seen an international company that’s ticked all the regulatory boxes treated so badly. It sends the message Australia doesn’t want foreign investment. Mike Hughes Save Share Having spent most of my career working for multinationals investing in different parts of the world, most of it for an American company in south-east Asia, I have not seen a company as badly treated as Landbridge Group in Australia. For a country so heavily dependent on foreign investment, that is a worrying sign. In 2015, Landbridge submitted to a year-long process to bid for the lease of Darwin Port. The Northern Territory government had made it clear from the outset that no conditional bids would be accepted; bidders would need to have any and all required sign-offs from Canberra in place. Landbridge engaged with the Foreign Investment Review Board (FIRB) over many months, met with the Departme

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