ASF Consortium details $3 billion project in Australia

ASF

The project could be partially owned by the Chinese government.

The Chinese company revealed plans for its billionaire casino resort project in Queensland.

Australia.- ASF Consortium, the Chinese developer of the upcoming Queensland casino in Australia, announced that the project will feature a world class casino, 3 luxury hotels, theaters, luxury retail stores and conference and meeting rooms, along with other facilities.

The project is set to offer more than 10.000 employment positions as well as additional 1 million tourists to the Australian state. The Southport Split integrated resort will be constructed on a 5 hectare waterfront that is located near the Gold Coast Fisherman’s Co-operative, and is expected that it will boost the economy when all the facilities are open to the public.

ASF Consortium also reveled that they will assign Crown Resorts to run operations once the casino is open. Despite the announcements, the casino still doesn’t have approval from the Queensland cabinet. ASF Director Louis Chien, said: ASF remains fully committed to achieving the best outcomes for the Gold Coast and Queensland. We’re keen for the State to provide overall planning clarity for the area and understand how the proposed Gold Coast Integrated Resort fits. The location of the project will be a catalyst to grow the Southport CBD. It will connect The Spit and Southport, whilst embracing the Broadwater and deliver significant business and employment opportunities.”