The Larrakia Development Corporation was officially incorporated under ASIC in February 2002. The Board and management of the Corporation are led by members of the Traditional Owner group of Darwin, the Larrakia people.
Today the Corporation is regarded as one of Australia's leading commercial Aboriginal organisations. It provides employment and business opportunities for Larrakia people through its own wealth creation and entrepreneurial activities.
The prime objective of the Larrakia Development Corporation is to create economic opportunities for all Larrakia people through the creation and operation of sustainable businesses models, and the maintenance of the Larrakia Development Trust.
Companies such as ConocoPhillips, Monadelphous/KT, Boskalis/Saipem, JKC, INPEX, BMD, Macmahon, Sitzlers, Defence Housing Australia, Toga Group, Compass Group, SKM, Laing O'Rourke, Aboriginal Hostels and Yilli Rreung Housing Aboriginal Corporation have worked with the Larrakia Development Corporation in contractual or Joint Venture capacities.
The Larrakia Development Corporation's core activities include land holdings and development, property development, heritage monitoring, ground maintenance, and landscaping.
The Corporation's Board is focused on viable commercial outcomes, the settlement of the Kenbi Land Claim, reinvesting and building the company, adherence to the Larrakia Development Trust, maintaining our Larrakia Distribution Policy, and promoting employment and business opportunities for Larrakia people.
The Larrakia Development Corporation continues "working for all Larrakia".