The Darwin Major Business Group (DMBG) welcomes Vopak’s planned carbon dioxide import, storage and handling terminal at the Middle Arm Precinct – a project expected to create up to 1,000 local jobs and deliver significant long-term economic benefits for the Northern Territory.
This project aligns strongly with DMBG’s Over the Horizon report priorities, including accelerating private sector investment, fast-tracking major projects, workforce development, and leveraging the Territory’s strategic geographic location to build sustainable industries.
DMBG A/Chair Sam Jeffries said the Vopak announcement demonstrates how major projects can deliver tangible economic benefits for the Territory while advancing innovation and skills.
The Middle Arm facility will also support heavy industry by providing open-access infrastructure for carbon capture and storage (CCS), helping the Territory contribute to national decarbonisation goals while underpinning economic growth.
DMBG will continue to support initiatives that build investor confidence, strengthen local capability, and create lasting economic opportunities across the Territory.
“Vopak’s CO₂ terminal at Middle Arm is a positive step forward for the Territory. It drives private investment, creates local jobs, builds workforce skills, and strengthens our strategic role in the Asia-Pacific economy. This project is the type of forward-looking initiative highlighted in the Darwin Major Business Group’s Over the Horizon reports.
We also support the Territory Government’s decision to grant an exclusive ‘not-to-deal’ commitment to Vopak, sending a strong signal to investors that the Territory is open for business and committed to growing the energy sector.”
— Sam Jeffries, A/Chair, DMBG
