The head of a development body in Nhulunbuy believes the region is well poised to capitalise on potential agriculture and aquaculture ventures.
Rio Tinto’s decision to curtail the local alumina refinery in 2014 meant more than 1,000 people lost their jobs and the town took a huge economic hit.
Developing East Arnhem Land, which was created last year as a result of the curtailment, has been pitching to the major projects conference in Darwin this week.
CEO Carley Scott said there were a number of opportunities for investment in projects beyond mining.
“There’s been a big move in East Arnhem Land where we’ve seen people go through a really tough period and now come out the other side to a large degree,” she said.
“We can look at the port infrastructure that we’ve got there and what we can do with aquaculture in particular, agriculture as well.
“Whether it’s beef product that we already have there or… the crocodile industry, which is of interest to us.”
Ms Scott said there were a number of challenges that needed to be overcome to achieve the development sought, including access to land.
“If you’re looking to access land to develop, there is certainly commercial land available so that’s a real positive,” she said.
“You’re looking to build those partnerships… so you’ve got those really strong networks and the ability to really work well in the region.”