The Northern Territory Government is spearheading a transformative initiative to bolster local businesses and employment opportunities through the Advanced Manufacturing Ecosystem Fund (AMEF).
With the AMEF paving the way, manufacturing projects and investments are projected to yield over 160 new jobs and inject more than $84 million into the Northern Territory’s economy within the initial five-year period.
Water quality assessment in remote regions of the Northern Territory is set to undergo a significant improvement, courtesy of an innovative project led by a Darwin-based enterprise, the government said in a media release.
Collaborating with environmental technology firm Eco Detection and tank manufacturer Terracorp Industries, Think Water, headquartered in Coolalinga, is at the helm of a groundbreaking venture to commercialise a water testing system.
This system aims to address prevalent water quality issues, including bacteria and heavy metal contamination, which afflict over 400 communities across Australia.
The collaborative effort will integrate Eco Detection’s award-winning Ion-Q+ monitor, a filtration mechanism from Think Water, and water storage tanks fabricated by Terracorp Industries.
Subsequently, three integrated prototype systems will undergo rigorous six-month trials across three diverse remote locations to assess their efficacy and suitability for deployment in such environments.
This innovative project has secured $485,000 in co-investment through the Northern Territory’s Advanced Manufacturing Ecosystem Fund, administered by the Advanced Manufacturing Growth Centre (AMGC).
Upon successful commercialisation, Melbourne-based Eco Detection commits to producing 15 per cent (by value) of its Ion-Q+ electronic systems in the Territory, with the potential to escalate assembly operations to 70 per cent within four years.
Think Water anticipates generating revenues of $30 million and creating 45 jobs within five years post-project completion.
The testing conducted in the Northern Territory’s demanding climates is expected to not only instil confidence in domestic consumers but also attract international interest.
For further information on the Advanced Manufacturing Ecosystem Fund, visit here.
