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AAP
AAP
Business
Savannah Meacham

US company awarded ship lift build contract

A US company will build a multi-million dollar ship lift in the Northern Territory. (HANDOUT/NT INFRASTRUCTURE, PLANNING AND LOGISTICS)

A United States company has been awarded the contract to build the ship lift set to be a major money maker in the Northern Territory.

The Northern Territory government announced on Tuesday the ship lift infrastructure will be built by US company Pearlson Shiplift Corporation under a $48 million contract.

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