The Northern Australia Infrastructure Facility (NAIF) will provide a $13.5 million loan to redevelop a food storage and warehouse facility in Alice Springs.
The facility services over 100 local stores covering an area of 1.4 million square kilometres, and the redevelopment will improve food security for remote and regional Indigenous communities in Central Australia.
As part of the project, the Arnhem Land Progress Aboriginal Corporation build a state-of-the-art ammonia-based refrigeration facility and improve the existing warehouse to meet future demands around food distribution.
The location of this new facility in Alice Springs will mean fresh food and essential goods will be closer to the communities that need them.
The project will also support 60 new jobs during construction and 20 roles during operations.
For more information on available NAIF financing products and arrangements visit the NAIF website.