The Queensland Government has now asked the developers of the Aquis Casino/Resort for detailed information documents and must be in the governments hands by the end of the year.
It just seems strange that the government is asking for this information when the developers have submitted a lot of information in the early process.
Then again the whole concept has changed with the cost soaring to $8.5 billion and an extra casino which will Cairns 3 casinos... absolutely ridiculous for a Regional City of some 160,000 residents.
From this:
To this:
The ASX closes on October 31, 2014 for the Reef Casino and the probity report won't be complete until next year so will Mr Fung wait for his Aquis licence or will he be happy to upgrade the Reef Casino, to me it makes more sense to upgrade it.
We all hope that the government fully investigates the findings and not allow it to start until all information is found to be 100% accurate.
With unemployment still at a high level it can be understood that people are saying "bring it on" but have they really thought about the chances of getting employment as skilled workers will be bought in form other areas, building contactors with skills in high rise buildings will probably be bought in from interstate or overseas (China) and the latter being the thing to put your money on.
Also recently the developers (The Fungs) signed with an Aboriginal group and guaranteeing them employment also the leader of the group said on the local news "that Mr Fung will look after us".
Well what about everyone else that lives in this Regional city?
After signing with the group it wasn't long before other Aborigine groups put their hands up so it will be interesting to see the outcome of all these claims and how many are successful.
We all wait with baited breathe.
Full story from the Cairns Post below:
Aquis Great Barrier Reef Resort developers required to tell all
by: Nick Dalton- From: The Cairns Post
- August 28, 2014 12:00PM
THE developers of the proposed $8.15 billion Aquis Great Barrier Reef Resort have been asked to submit comprehensive details of the project to the Queensland Government.
The Government has sent a “request for detailed” proposal documents to Aquis to be provided by the end of the year.
Deputy Premier and State Development, Infrastructure and Planning Minister Jeff Seeney said the documents would provide a guide for the resort proponent as it outlined the fine points of its plan to construct a six-star resort.
Public consultation closed this month on the Environmental Impact Statement for the proposed Yorkeys Knob development with 251 community submissions to be assessed by the state’s independent co-ordinator-general.
Proposal documents were to be submitted to the Department of State Development, Infrastructure and Planning, Mr Seeney said.
“Our Government is committed to running a thorough process and we encourage Aquis to … ensure its proposal meets our high standards for an integrated resort development licence.
“And while the co-ordinator-general evaluates the EIS, it is timely that Aquis continues its planning and detailed proposal.”
Aquis chief executive Justin Fung said Aquis “looked forward to providing our detailed submission and continuing to work with the Government to make Aquis a reality”.
“We thank the Queensland Government for the opportunity to continue progressing the Aquis project through the Integrated Resorts Development process,’’ he said.
Mr Seeney said the project had the potential to provide “a real boom to Cairns’ tourism and construction industries.
“This proposed resort could create over 3700 new jobs during the first stage of construction, 3500 during the second and up to 20,000 ongoing job once complete,” he said.
“It is an exciting prospect for the economy of North Queensland.”
A decision is expected early next year on whether Aquis Resort receive a resort licence and associated gaming licence through the Government’s resort development process.
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