Queensland government gives green light to ASF Consortium

The Queensland state government gave the green light for the Chinese-backed ASF Consortium to start planning construction of a $2 billion integrated resort on the Gold Coast’s Main Beach, according to CalvinAyre.com

State Development Minister Anthony Lynham said ASF would produce a detailed master plan of requirements and timeframes by 16Q1, which would be followed by a “detailed public consultation.”

ASF’s previous plan to build a $7.5 billion integrated resort and cruise ship terminal in the area was rejected last year after local residents and environmental groups expressed concerns over the massive project’s potential impact on the region’s ecology. At the time, ASF vowed to work with the state government to revise the plan to address these concerns.

The terminal part of the plan has been officially scrapped, leaving only the integrated resort on a five-hectare property sandwiched between the local Sea World facility and the Gold Coast Fisherman’s Co-operative on the Southport Spit. Lynham said the scaled-down project would not necessarily have to go through an environmental impact assessment process, although it would face “a raft of community consultation.”