Global Trade Alert
Global Trade Alert

Australia: NAIF invests AUD 32 million in cotton gin project

Announcement

15 Sep 2021

On 15 September 2021, the Australian government-funded Northern Australia Infrastructure Facility (NAIF) announced the approval of an AUD 32 million loan to three companies constructing a cotton gin.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

15 Sep 2021

Revocation date:

No revocation date

State loan In force

On 15 September 2021, the Australian Government-funded Northern Australia Infrastructure Facility (NAIF) approved a loan of AUD 32 (USD 23.4) million for the construction of a cotton gin. The project ...

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Implementation date

15 Sep 2021

Revocation date:

No revocation date

Local value added incentive In force

On 15 September 2021, the Northern Australian Infrastructure Facility (NAIF) approved financing for the construction of a cotton gin that is subject to local content requirements as stated by the Aust...

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