It appears to me that IBA wants to create employment...

It appears to me that IBA wants to create employment opportunities as well as wealth. As this project is being portrayed as a forerunner of future projects in indigenous communities, I would expect that they would be using this opportunity to introduce the indigenous workforce into the process.

"Investments has been at the core of IBA’s work since IBA was rst established as the Aboriginal and Torres Strait Islander Commercial Development Corporation

in 1990. In 2016–17, IBA investments achieved a portfolio return of 7.0 per cent for IBA, and 6.3 per cent for Indigenous co-investors, exceeding our target return of CPI + 4 per cent. IBA investments also generated $13.8 million in employment, training and procurement bene ts for Indigenous Australians. Over the year, IBA provided 109 Indigenous organisations with investment support, with 36 organisations now co-investing with IBA, holding total equity of $129.6 million. This represents an increase of 63 per cent from Indigenous equity held as at 30 June 2013.

After a period of consolidation of legacy assets, IBA is now actively exploring
ways to reinvest capital into new areas of investment, including renewable energy, affordable housing and other sectors. Over the coming year, IBA expects to scale up its investment activity, alongside Indigenous communities and organisations."

http://www.iba.gov.au/wp-content/uploads/20171023_IBA_AnnualReport_2016_17_web.pdf