The Land Development Corporation will support and facilitate the lease process for investors. The Land Development Corporation has formal and informal arrangements that involve the Tiwi Land Council and Traditional Owners through the lease process.
Development Framework
Expression of Interest
- Investor reviews the Tiwi Islands Investment Opportunity suite of documentation and contacts the Land Development Corporation
- Investor prepares a project concept
- Land Development Corporation undertakes investor qualification
- Investor and Land Development Corporation refine project concept
Site Selection
- Land Development Corporation provides background information
- Investor and Land Development Corporation investigate sites
- Investor selects preferred site
Agreement to Sub-Lease
- Investor drafts detailed development proposal
- Investor and Land Development Corporation execute agreement to sub-lease
Lease and Sub-Lease
- Investor and Land Development Corporation facilitate formal consultation by Tiwi Land Council with Traditional Owners
- Investor surveys site and obtains subdivision approval
- Land Development Corporation executes lease with Tiwi Aboriginal Land Trust
- Land Development Corporation executes sub-lease with Investor
Development and Business Start Up
- Land Development Corporation establishes ongoing community consultation forum
- Investor finalises designs and obtains development approval
- Investor undertakes the development and starts the new business