Northern Territory University to Boost Economy

 Northern Territory University to Boost Economy

Charles Darwin University has revealed plans for a new world class campus which aims to attract more students and offer a much-welcomed boost to the Top End’s economy post-COVID.

The $250 million Education and Community Precinct is part of the Darwin City Deal is being labelled as ‘one of the most exciting developments in Darwin’s history.

The precinct will be built on the corner of Cavanagh Street and Garramilla Boulevard, with construction starting this year and scheduled to be complete in time for the 2024 academic year.

The first glimpse at what the new CDU precinct will look like

Federal Minister for Population, Cities and Urban Infrastructure Alan Tudge said: “Through the Darwin City Deal we are building a world-class university campus in the city to attract and retain more students.”

We want Darwin to thrive, and this new precinct will see an influx of students and visitors, boosting demand for cafes, restaurants, bars and retail stores. Getting the construction underway in the short-term will also support the city’s economic recovery from COVID-19.

Alan Tudge

A Deloitte Access Economics economic impact study revealed that the new ARM-designed education precinct could boost the Darwin region economy by over $250 million over the next 15 years.

An additional 54 jobs per year are also planned to be sustained and created through the new campus.

Chief Minister of the Northern Territory Michael Gunner said: “We’ve grown the number of international students over the last few years, supported them through the coronavirus crisis in the last few months, and we are ready to welcome more.” 

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