12 April 2022
Northern Territory of Australia (Northern Territory), NEC Australia and NEC Corporation today announced the signing of a Memorandum of Understanding (MoU).
The signing will strengthen the NEC and Northern Territory Government partnership to develop a sustainable innovation ecosystem and grow the Territory's digital capabilities. It follows significant private sector investment in subsea fibre optic cable and data centre infrastructure.
As part of the MoU, the parties will set out a framework and identify major areas for digital development in the Territory.
This agreement will also allow NEC to explore the use of its world-leading technologies, such as submarine cable systems, Open-RAN 5G, and artificial intelligence in the Territory, as well as building industry training opportunities for Territorians.
The partnership cements the Territory's position as Northern Australia's most advanced digital economy and leading tech hub, which will help expand local industry, create new opportunities for businesses and more jobs for Territorians.
As one of the largest employers outside of Government in the Territory, NEC Australia consistently contributes to the local economy while also creating new digital career pathways through various developments and mentoring. The company currently employs 187 full-time staff across the Territory.
Growing the digital and tech industries is a key part of Territory Government's plan to grow the economy to AU$40 billion by 2030 and create more jobs.
NEC Corporation published this content on 12 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2022 02:54:05 UTC.