Meanwhile, the tendering process for the North East Interconnector Pipeline, which has been coined as the NT’s opportunity to penetrate dwindling gas supply markets in the eastern states, is almost complete. Construction is expected to begin on the massive project as soon as next year and commissioned by 2018.
However it remains unclear which subjects of tertiary qualifications will be the main beneficiaries of the lucrative royalties scheme.
“That is one of the detailss we are working out now. Initially we wanted to say all VET, and then thought maybe we should target our shortages in skilled services or put that towards certain qualifications in technical industries,” he said.
“And we’re obviously trying to match up levels of financial cost and cost structures of their higher education.”