$8bn Cairns casino project revived

The team behind the Aquis Great Barrier Reef Resort project in Cairns have signed a process deed to reenter the integrated resort development process.

1 min read

Published 19 September 2015 8:54am

Updated 19 September 2015 9:56am

Source: AAP

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A $8 billion mega-resort and casino planned for Cairns is back on track following stalled negotiations with the Queensland government.

Treasurer Curtis Pitt announced on Saturday the team behind the Aquis Great Barrier Reef Resort Project - to include 7500 hotel rooms, two casinos and a golf course - had signed a process deed to re-enter the government's integrated resort development (IRD) process, having withdrawn in February.

"The IRD process is a rigorous way to protect the community's interests and also evaluate Aquis' credentials and financial capacity to deliver this project," Mr Pitt said.

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