$4b Aquis gets priority treatment
Queensland deputy premier Jeff Seeney has confirmed the first stage of plans to build the $4.2 billion Aquis Great Barrier Reef Resort has been given a co-ordinated project status that allows it a streamlined approval process. It must still pass environmental, social and economic approval processes.
Hong Kong-based banking and property tycoon Tony Fung’s Aquis Great Barrier Reef Resort includes one of the world’s largest casinos, nine luxury hotels, convention centre, a sports stadium, two large theatres, high-end retail shopping and a 13ha reef lagoon that doubles as flood mitigation. There will also be an 18-hole golf course, a 25,000 seat stadium and a cultural heritage centre.
Mr Fung stresses that the project would be built with no impact on the Great Barrier Reef and building could start mid-2014 and be completed by 2018, depending on approvals.
Expert consultants at James Cook University have been hired to conduct an independent social, economic and environmental impact analysis.
AccomNews is not affiliated with any government agency, body or political party. We are an independently owned, family-operated magazine.