A parliamentary committee has recommended the Northern Territory government finish building the $820 million Darwin ship lift project, despite holding no right to the revenue it will generate.

The NT Public Accounts Committee (PAC) released its report into the embattled ship lift on Thursday, providing five recommendations, including the project proceed with stricter cost controls.

First announced in 2015, the Giles Country Liberal Party (CLP) government initially committed $100 million to the ship lift, without undertaking a business case.

That initial investment was to help the project get off the ground, with private industry to construct, own and operate the facility.

But in 2019 the Territory Labor government committed to self-funding, building and owning the asset, which will ult

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