Wednesday , January 27 2021

Strategy to attract millions of dollars for the Bundy superyacht

There are many reasons why Bundaberg's intact waters will be the ideal place for super-yachts.

Since the south entrance to the South Great Barrier Reef and our expanding marinas are just two.

The Bundaberg's port, based on the sugar trade in the area, has two berths capable of sailing on 180-190m.

This week, Government Palaszczuk announced that companies are willing to invest money at the multimillion dollar parking space in state waters with the Superyacht Industry Development Fund.

State Development Minister Cameron Dick said $ 335,000 would be provided during the lifetime of the Superyacht 2018-23 state strategy, issued this year, to support companies wishing to join this industry.

As part of the $ 518 million Advance Queensland initiative, the Superyacht Strategy anticipates until 2023, Queensland's share in the global superyacht sector has increased by 10 percent, and Queensland will be recognized as the main superyacht center in Asia and Pacific.

Bundaberg Mayor Jack Dempsey said the superyachts are a high value market for Queensland and would potentially provide significant economic benefits to Bundy.

"Port Bundaberg is well positioned to provide a safe harbor for the superyacht at the entrance to the Great Coral Reef," he said.

"The Council cooperates with the state government and the Fraser Coast Regional Council to promote our facilities and attractions to develop this important niche industry."

The strategy aims at creating thousands of new, highly qualified jobs and contributing hundreds of millions to the Queensland economy.

Superyacht Australia President Barry Jenkins said the funds would help secure Queensland's potential as the lead destination for the Pacific superyacht.

Superyacht is defined in the international market as a luxury craft with a master and crew, with up to 12 guests, not including staff and up to 30 meters in length.

Captains and owners of private motor yachts and sailboats sailing along the coast of the East Coast of Australia say they are drawn to the waters of the Great Gulf because they do not use so much.

An informative session for companies interested in supplying the superyacht industry will host the Bundaberg Regional Council next week.

Participants will find out about the government's initiative to promote, support and develop the Bundaberg region as a growing global super-yacht fleet.

An informative session will be held on Monday, November 19th, at Rowers on the River, 2 Toonburra St. Responsible for helen.swanson @

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