BREAKING: cruise ship terminal ‘dead’
ASF Consortium’s controversial $7.6 billion Wavebreak Island project is dead. The Palaszczuk Government has announced it has ended the process after meeting with the consortium.
Gold Coast
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ASF Consortium’s controversial $7.6 billion Wavebreak Island project is dead.
The Palaszczuk Government has announced it has ended the process after meeting with the consortium.
State Development and Natural Resources and Mines Minister Anthony Lynham confirmed the project was no more.
“The government has decided to suspend the current process and consider better investment opportunities,” he said.
“We are committed to advancing tourism opportunities and economic growth, but with environmental and social safeguards.
“As we said during the election, there will be no development on Wavebreak Island,” he said.
“The Broadwater belongs to the people of the Gold Coast.”