Page 25 - Tropic Magazine Issue 10

Tropic

35 Feature

Quicksilver set to open its
Port Douglas dive centre

In more evidence of the industry’s faith in tourism’s future growth,
Quicksilver will open the doors of its Port Douglas Dive Centre in July.
The multi-million-dollar facility will feature a 4-metre-deep diving pool
with a glass viewing wall, along with classrooms, offices and retail space.

Look forward
Luckbir Singh
MacDonnells Law

Tourism and agriculture: I see these
two sectors continuing to push ahead
and grow solidly over the next 12
months.
Health: Positive advances in this
sector will continue with significant
36 developments in health funding
reforms such as the NDIS,
Reinvigoration of government capital investments and
staff number increases.
Cairns FC Property: This industry is an Investment: I see continued
opportunity space but we continue to investment from outside the region as
wait to see an increase in the prices well as growth from well-performing,
The organisation formerly known as FNQ of new units, which would trigger the existing regional businesses and
Heat enters an exciting new era in 2018 activation of many approved and start-up investment.
under the banner of Cairns FC. A board planned projects. However, In summary: I see sustained
full of business heavyweights and new tightening prudential lending improvement for the region building
coaching staff have injected fresh requirements for investors make a on the last few years of growth fuelled
inspiration into the fledging club. lift off in the space difficult. by our key sectors. We should see
Football (or soccer depending on your Northern Australian: continued inbound investment flow to
heritage) continues to grow in Asia, and The development of Northern the region and improving confidence.
China has grand plans to become a world Australia needs a very close policy The key as always is whether local
game powerhouse. Our proximity to the review and a change in the current businesses are positioned and focused
region and our local talent (on and off the approach in order to drive enough to take the opportunities that
field) offer big opportunities if Cairns FC on-the-ground activity. exist.
chooses to grasp them.