A Chinese-Australian partnership
The ASF Consortium, an Australia-listed company with Chinese partners, has announced it will meet soon with the Queensland government to plead its case for a casino resort on the Gold Coast, according to the Asia Gaming Brief. The plan was tabled in April.
“Whilst the evaluation of the proposed project on Wave Break Island was suspended earlier this year, ASF Consortium and the government will work together over the next few weeks with a view to ASF Consortium presenting a new proposal for government consideration as soon as practical,” the company said in a statement.
The consortium has proposed building a $7 billion integrated resort with a total of seven hotels, more than 24 bars and restaurants, and a cruise ship terminal, AGB reported.
“It’s encouraging to see that the government has maintained an open-door policy with our consortium, providing us with the opportunity for a number of meetings whilst upholding a positive attitude toward successful outcomes, including significant short and long-term employment opportunities for the region,” said local project director Tim Poole.
The project stalled due to opposition from environmental groups.
