In a joint venture by the Northern Territory and South Australian governments, the first Australia China Minerals Investment Summit (ACMIS) has been held at the Darwin Convention Centre this week.
The summit was initiated to help attract more business and mining opportunities to the Territory.
When new business and work opportunities become available in the area, housing and property in Darwin benefits through greater construction investment and new residents to the area.
Chief minister Adam Giles was pleased with the line-up of speakers and topics, saying that it was a good opportunity for Chinese investors.
"Foreign investment plays an important role in the Territory's economic development and provides capital to fund business expansion, while trade fosters economic development, creates jobs and raises the standard of living for all Territorians," he explained.
The event attracted promising number of exploration companies, looking at opportunities in gold, silver, copper and diamonds, such as ventures already underway like the Frances Creek Mine Project or the Ranger Mine.
"The summit underpins the Territory's plan to build the economy which has a strong focus on realising our mineral potential," Mr Giles concluded.