Northern Territory Airports has announced that it has received approval from Transport Minister Anthony Albanese for its 2010 Master Plan for Alice Springs.
The new Master Plan provides a number of investments in new aeronautical infrastructure to meet the growth expected over the next 20 years. The Plan will also see NT Airports transfer a parcel of land to the NT government which will be developed for residential use under a joint venture arrangement.
NT Airports CEO Ian Kew said that the new residential land would play a key role in supporting the community. “The Alice Springs community has a critical need for additional housing in the region and the unique characteristics of the airport site have warranted this in-principle support from the Australian government,” he said.