MANAGEMENT

Townsville terminal gets $50M NAIF loan

TOWNSVILLE Airport, which is expected to play a major role in resources developments in northern Queensland has attained financial close on a $50 million loan from the Northern Australia Infrastructure Facility.

An artist's impression of the redeveloped Townsville Airport terminal.

An artist's impression of the redeveloped Townsville Airport terminal.

The first drawdown of funds from that loan is expected to happen before the end of the year. Minister for Resources and Northern Australia Matt Canavan said reaching financial close heralded an exciting...

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