Northern Jurisdiction Notifications

Northern Jurisdiction Notifications

North Galilee Basin Rail Project

NAIF received correspondence from the Queensland Government on 12 December 2017 in respect of Adani’s proposed North Galilee Basin Rail Project (available here).

As a consequence, in accordance with section 13(4) of the NAIF Investment Mandate Direction, NAIF will not be making an Investment Decision to provide financial assistance to that Project.