Chinese explore opportunities in NT

The Northern Territory is selling itself to 28 visiting Chinese Delegates, in an attempt to increase the level of exploration across the region.

The Northern Territory is selling itself to 28 visiting Chinese Delegates, in an attempt to increase the level of exploration across the region.

Chief minister Paul Henderson said the Territory was open for business and well placed to withstand the current economic downturn.

“We need to maintain investment and business confidence to support economic activity in the Territory and jobs for Territorians,” he said.

The delegates are currently in town for the Annual Geoscience Exploration Seminar (AGES).

Resources Minister Kon Vatskalis, said the China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters (CCCMC) delegates would also be participating in the Northern Territory Investment Strategy seminar which is being run concurrently with AGES 2009.

“The seminar focuses on how to conduct business and invest in the NT and provides the opportunity for face-to-face meetings with Territory companies to gain a greater understanding of the exploration investment opportunities on offer,” Vatskalis said.

“The size of the Chinese delegation demonstrates that our China Minerals Investment Attraction Strategy is paying dividends.

“Bringing together so many high profile international investors and Territory business people will provide a real opportunity for the mineral exploration industry to foster new partnerships.”

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