Queensland’s eco-tourism economy is set to benefit from a billion dollar private sector investment following the Federal Government’s green light for the Pacificus Tourism Project – an international tourism drawcard strategically located on the Southern Great Barrier Reef.

The Pacificus Tourism Project will be a resort providing a wide range of accommodation for a variety of market sectors –five star luxury hotel, holiday villas, motel, caravan park and camping grounds.

“The tourism industry is pleased to see the Queensland and Federal Governments approving the go-ahead of this billion dollar investment in the state’s eco-tourism economy,” said Margy Osmond, TTF CEO.

“We haven’t seen this sort of large scale resort investment in over 30 years – it is a great outcome to see support for the development of a new, modern resort to appeal to international visitors and their love affair with Australia’s natural beauty.

“The Pacificus Tourism Project is shaping up to be a transformative project for the Gladstone region of Queensland and will help to elevate the area as a gateway and destination for the Southern Great Barrier Reef.

“A Deloitte report on future economic trends highlighted tourism as being part of the next great wave to carry the Australian economy – these types of major investments in our tourism infrastructure is exactly what we need to be supporting to continue to grow the tourism economy and create more jobs.”