Queensland courts cashed-up tourism investors


Queensland courts cashed-up tourism investors

Posted on Thursday, May 23 2013 at 1:49 PM

More than 100 local and international investors, developers and financiers converged on Brisbane last night to preview a portfolio of tourism investment opportunities.

Premier Campbell Newman hosted the cashed-up
guests at Parliament House as part of a drive to inject major new investment
dollars into the recovering tourism sector.

The inaugural Queensland Tourism Investment
Forum presented a total of 25 “showcase opportunities” that the government
identified as having solid investment or development potential.

“We’ve prioritised tourism and we know it
takes a whole-of-government approach to achieve further private sector in new
and revitalised tourism products,” Newman says.

Guests included major property developers,
tourism operators, wealthy investors and entrepreneurs.

Among the opportunities presented to the
crowd were short-term accommodation assets, resorts, leisure attractions, tourism experiences and government
infrastructure projects.

The
cache included the 2018 Commonwealth Games Village on the Gold Coast, Cairns
Aquarium, Daydream Island Resort, a to-be-developed hotel at Brisbane’s South
Bank and land in the Mary Valley, controversially acquired by the former Labor
Government for the later-abandoned Traveston Dam Crossing project.

Tourism
Minister Jan Stuckey also launched the Tourism Investment Gateway, an online
tool that includes spatial mapping that identifies the opportunities on offer.

“Queensland’s resilient and diverse economy, investment-friendly
business environment and fantastic array of landscapes and tourism experiences
provide opportunities that investors and financiers should seriously consider,”
Stuckey says.

The
event was part of a wider strategy that includes an ambitious target to double
annual overnight visitor expenditure to $30 billion by 2020.

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