Whitsunday Investment Prospectus

Transcription

1 Whitsunday Investment Prospectus

2 Introduction from the Mayor The Whitsundays is about lifestyle, opportunity and prosperity. In the heart of tropical Northern Queensland situated between the major towns of Mackay and Townsville, we boast a nationally and internationally recognised Whitsunday brand that has established our region as a tourism and boating mecca in the heart of the Great Barrier Reef. The region has economic resilience with the Gross Regional Product of the Whitsunday LGA estimated at approximately $2.46 billion in With over $4.7 billion in major projects planned or under construction, the region is expecting rapid growth over the next 10 years. Council owns and operates the Whitsunday Coast Airport which is one of the fastest growing regional airports in Australia with passenger numbers doubling in the last five years. To cater for this incredible growth Council has invested $40 million in the 2017/18 financial year to improve infrastructure with a runway upgrade and airport terminal expansion. I am Mayor of a proactive Whitsunday Regional Council that is committed to attracting investment by ensuring that this development and growth is supported by strategic economic and social infrastructure. Council s vision is to ensure that we create a region that is strong, resilient, sustainable and universally recognised as the region where people want to live, work, learn and invest. The future for the Whitsundays is exciting with strong investment, business and industry opportunities and I invite you to be a part of it. We are inviting government and commercial proponents to make the Whitsundays your global region of choice for investment in our Agricultural, Resource and Tourism industries. Major infrastructure developments, commercial, industrial and tourism investment and expanded community facilities will provide business opportunities in the Whitsundays ensuring future economic growth and sustainability. This has always been at the core of my agenda as Mayor. I invite you to make the move and be a part of the region s promising future. I hope to see you here soon! Andrew Willcox Port of Airlie Marina, Airlie Beach Tomato harvesting Proserpine water treatment plant Flagstaff Hill, Bowen Through innovation and growth in a diversity of sustainable industries, the Whitsunday Regional Council area will be a region of choice in which to live, visit, work and invest. 1

3 Perfectly Placed Region Ports for Growth The Whitsunday region encompasses a total land area of 23,862 square kilometers and includes the major townships of Airlie Beach, Bowen, Cannonvale, Collinsville and Proserpine, with numerous rural and coastal communities and residential areas scattered throughout the area. The region is home to over 34 thousand people and attracts 786 thousand visitors each year. Fueled by business opportunity and lifestyle advantages, the population has been growing steadily at 1.5% p.a. for the past 16 years. Population growth estimates adopted by Council form the basis of our regional planning, with the All Growth Scenario circ. 50 thousand people by The Bruce highway is the major transport corridor running from Mackay in the South to Townsville in the North, and the region is less than 2 hours by air from the Queensland state capital of Brisbane. The Whitsundays boast a successful and established tourism industry, with an internationally renowned WESTERN AUSTRALIA NORTHERN TERRITORY SOUTH AUSTRALIA Whitsundays QUEENSLAND NEW SOUTH WALES reputation for its relaxed lifestyle, beautiful island and mainland beaches, rainforests and large tracts of national parkland. While the region is rural and coastal in its nature, residents and visitors alike enjoy access to contemporary facilities including museums, art galleries, cafes, hotels and restaurants, entertainment facilities and cinemas. The region has a well established transport hub including the local government owned and operated Whitsunday Coast Airport located 10 minutes drive from the rural centre of Proserpine, and a number of smaller aerodromes in Bowen, Collinsville and Mt Coolon. Privately owned airports are located on Hamilton Island and at Shute Harbour. To Townsville Collinsville Galilee Basin Bowen Basin Abbot Point Bowen Airlie Beach Proserpine Hayman Is To Mackay Whitehaven Beach Daydream Is Shute Harbour Hamilton Is Long Island Whitsunday Islands Great Barrier Reef Port of Abbot Point The Port of Abbot Point is Australia s most northern coal export port and one with remarkable potential for trade growth. In naturally deep water, the port is located 25 kilometres north of Bowen and incorporates the Adani Abbot Point Terminal (AAPT) with a current export capacity of 50 million tonnes per annum. The port currently has two operational bulk coal loading berths and two shiploaders 2.75 km offshore. NQBP own and operate the newly refurbished Marine Offloading Facility (MOF). This infrastructure is a common-user, multi-functional facility and allows for safe and efficient cargo loading and unloading operations. As the port authority, North Queensland Bulk Port s vision for Abbot Point is that it continues to grow as a key strategic coal port and, over time, leverages benefits from the adjoining State Development Area to become a hub for import, processing, manufacturing and export activities of other industries of regional, state and national significance. Whitsunday Coast Airport Whitsunday Coast Airport (WCA) is centrally located within the Whitsunday region of Queensland. WCA is primarily used by tourists visiting the region but does also serve as a hub for industries such as coal within the Bowen basin and agriculture. There are three airlines operating at WCA (Virgin, Tiger and Jetstar) with direct flights to Brisbane, Sydney and Melbourne. The runway was recently upgraded with a $25M reseal project and the terminal is currently being expanded with $15M of works to be completed by early The airport has experienced enormous passenger growth over the past three years with close to 500,000 passengers now using the facilities. The next stages of growth are focused on increasing inbound international visitors with the potential of direct international services occurring in the medium term. The location of the airport to rail and major road networks make it well suited for the location of a major freight/trading centre. TASMANIA VICTORIA BOWEN TOWNSVILLE = 200KM BOWEN COLLINSVILLE = 82KM PROSERPINE BOWEN = 75KM PROSERPINE MACKAY = 125KM AIRLIE BEACH PROSERPINE 25KM The Whitsunday region is a diverse and sustainable region underpinned by three major industries of Agriculture, Mining and Tourism. These markets are well serviced from this ideal location, just 20 sailing days to major markets in China and 23 days to India. 2 3

4 Key Figures Economy As the gateway to the world renowned Great Barrier Reef and the magnificent 74 Whitsunday Islands, the Whitsunday region has one of the fastest growing populations in Queensland. Population of 34,831 GRP of $2.4B Area 23,863m Businesses Boasting a strong and diverse economy driven by the tourism, agriculture and mining industries, the Whitsunday region has the potential to become the economic powerhouse of North Queensland. Whitsunday Regional Council is creating a new economy which will see massive capital investment into the Whitsunday Coast Airport, the redevelopment of Shute Harbour, a premium Marine Centre of Excellence, water security for the entire region, connection with international markets and investment opportunities. The Whitsunday Regional Council Economic Development Strategy documents a plan of action for Council and its partners in government, industry and the community to facilitate change towards a prosperous future for the Whitsundays. Population target by ,000 Mining is the largest economic output $758M 18 schools 3 hospitals in the region 786,000 visitors per annum spending $657M Key goals for the next four years: $6B regional economy Exports increase to 50% of GRP Glencore Mine, Collinsville Increase jobs to 15,000 Workforce of 19,500 Australia s largest winter growing vegetable region 74 tropical islands 7 island resorts Tourism is the largest employer 19.6% Brahman cattle Glencore mine worker Hamilton Island Race Week Solar Farm Canefields, Proserpine 4 5

5 Infrastructure Development Major s Worth $4.7B Whitsundays Regional Council is committed to ensuring it has infrastructure in place to support and attract industry growth. Well planned existing infrastructure provides reliable transport, energy, water and connectivity for businesses to work in domestic and international markets. There is over $161M in infrastructure projects planned and underway to ensure the Whitsundays has capacity to support our fast growing tourism, agriculture and mining sectors and our rapidly growing resident population. With major projects planned or under construction, the Whitsunday region is set to experience growth over the coming years. Our strong economy, well planned infrastructure and desirable lifestyle make the Whitsunday region an inviting investment environment. Value Value $M $M Proponent Est. Start Status Greening Growing Bowen (Stage 2) STP upgrade and infrastructure 24.5 WRC Underway Est. Complete Shute Harbour Port Facility Restoration Facility and port precinct rebuild 22 WRC 2018 Proposed 2019 Whitsunday Marine Centre of Excellence Marina precinct with commercial and educational infrastructure NDRAA Road Works Combined road works projects 25 WRC 2017 Underway 2019 Category D NDRAA Works Cyclone repair works 10 WRC 2017 Underway 2019 Proserpine Main Street Upgrades 3.5 WRC 2018 Proposed Beautiful Bowen Improvements to entry statement and streetscapes 5 WRC 2018 Proposed 2018 Works for Queensland Footpaths and Regional Parks 4.07 WRC Approved Cannonvale Potable Water Pipeline Water infrastructure 15 Kaka Reservoir New water reservoir 10 Goorganga Plains Upgrade Plan and Preserve Main Roads road works 7 Airlie Beach lagoon pool Federal Government 2018 Approved Bowen Development Rd Mt Coolon Upgrade 20 Gloucester Avenue Road infrastructure 2 WRC 2018 Underway 2018 Strathmore Roadd upgrade Road infrastructure 1 WRC 2018 Underway 2018 West St and Pantell Street Road infrastructure WRC 2018 Underway Mt Nutt Road Road infrastructure 0.7 WRC 2018 Underway Andromache Bridge Bridge repair 1.14 WRC 2018 Approved Inverdon Bridge Bridge repair 2.25 WRC 2018 Approved Ted Cunningham Bridge Bridge replacement 7 Value Value Proponent Est. $M Start Status Est. $M Complete Papua Mining Copperhead Gold, copper, silver, zinc Private Proposed Cooper to Abbot Point Liquid Natural Gas (Caplng) Facility Liquified natural gas plant, pipelines, marine loading facility Private Proposed QCoal/Jfe Steel JV - Byerwen Open cut mine, hard coking coal, thermal coal Private Proposed Hayman Island Resort Resort redevelopment 100 Daydream Island Resort and Spa Resort redevelopment 86 Private 2018 Underway Whitsunday Coast Airport Runway Upgrade 24 WRC 2017 Underway 2018 Whitsunday Coast Airport Terminal expansion 15 WRC 2018 Approved Whitsunday Shores Estate Stage 8 Subdivision 290 residential lots 11.6 Airlie Beach Foreshore Revitalisation 6.3 WRC 2018 Approved 2018 Whitsunday Shopping Centre Redevelopment 5 United Petroleum Bowen Service station and shop 3 Shute Harbour Marina Development Resort and marina precinct 252 Private Proposed Proserpine Water Park 1.7 WRC 2018 Underway 2018 Bowen State High School, Merinda and Queens Beach State School Classrooms, refurbishment, cladding, multipurpose shelter 0.7 Private 2018 Approved Proserpine Hospital Kitchen, walkway and refurbishment 0.7 Private 2018 Approved Ozone Whitsundays Tourism accommodation and facilities 44 Proserpine Regional Cultural Precinct Cultural infrastructure 2.1 Funnel Bay Estate Property development N/A One Airlie Property development N/A Private 2017 Proposed Airlie Summit Property development N/A Botanica Drive Estate Property developmentt N/A Regatta Waters Property development N/A South Molle Island Resort rebuild 125 Private Proposed Hamilton Island Improvement and expansion 30 Private 2018 Approved 2019 Guthalungra Aquaculture Farm Prawn farm 70 Whitsunday Disaster Centre and Innovation Hub New facility 5.04 Council Offices Proserpine office rebuild 1 WRC 2018 Proposed 2019 Port of Airlie Marina arm expansion 25 Private 2018 Underway 2019 Port of Airlie Expansion Resort, retail, accommodation and carpark 100 Private Proposed Whitsunday Visitor Information Centres Centre improvements 3 Paradise Bay Long Island Redevelopment N/A Private 2018 Proposed Proserpine Dam Stage 1 Tourism infrastructure 1 WRC 2018 Approved 2020 Flagstaff Hill Tourism infrastructure 1.2 WRC 2018 Approved 2020 Whitsunday PCYC Major repair Underway Bowen PCYC Major repair Underway Proserpine Entertainment Centre Major repair 1.25 WRC 2018 Underway 2018 Whitsunday Solar Farm (58 Mw) N/A Hamilton Solar Farm (57.5 Mw) N/A Daydream Solar Farm (1,500,000 Panels) 235 Hayman Solar Farm (500,000 Panels) 80 Bowen Solar Farm (30 40 Mw) 80 Proserpine Solar Station (60Mw) N/A Private 2018 Underway Collinsville Solar Power Station (42.5Mw) 95.9 Mining CONSTRUCTION UTILITIES 6 7 6

6 Agriculture Resources Home to the famous Big Mango, the Whitsundays is also a high quality producer of sugar cane, horticulture, aquaculture and beef cattle. The Whitsunday s rich natural environment is conducive to growing tropical horticultural produce in the north and cane crops and beef cattle to the southern and western areas. The region s aquaculture sector is steadily developing and includes wild caught seafood from the pristine waters of the Great Barrier Reef, farm fresh fish and developing prawn farms. The region is internationally recognised for its expertise in tropical agriculture. As domestic and international demand for food production increases, the region is well positioned to expand and capitalise on this trend. Fifth largest cane producing region in Australia Australia s largest winter growing vegetable region Developing aquaculture region $619M Industry The region s resource industry has been in operation since 1919 and has a sustainable future outlook with planned continuation for existing mines and establishment of new ones. Mining is a major economic contributor to the region s economy consisting of coal mines in and around Collinsville, a mineral mine at Mt Carlton and coal port facilities at Abbot Point. New resource developments within the Galilee Basin and future development within the Bowen Basin, together with extensions to the rail supply chain provide further economic growth opportunities and stimulus for the Whitsundays. Product Production (t) Gross ($M) Beef cattle 324,000 (cattle) 60 Sugar cane 2,000, Tomatoes 89, Capsicum 34, Chillies 29 3 Sweet chillies Egg fruit Pumpkins 16, Melon 21, Cucumbers Zucchini and squash Sweetcorn 11, Beans 35, Vegetables process 15, Mango fresh ctns Mango process Total 619 Source: Bowen Gumlu Growers Association 2016 Aquaculture tanks Our Existing Mines include EVOLUTION MINE - Mt Carlton - Gold - 105,024 ounces (FY2017) QCOAL - Sonoma - Coal - 4 MTPA QCOAL - Drake - Coal - 6 MTPA QCOAL - Cows Mine - Coal <1 MTPA GLENCORE - Coal - 6MTPA Mines in construction include: QCOAL - BYERWN - Estimated 10 MTPA. Construction and mining operations have commenced. 3,151 mining related jobs 17 MTPA coal production 105,024 ounces pa gold Foxdale Quarry $508M $758M industry Industry Proserpine Abbot Point 8 9

7 Tourism Hamilton Island As Queensland s premier holiday destination, the Whitsunday region is home to some of Australia s most iconic tourism experiences. It is renowned for its natural environment with its proximity to the Great Barrier Reef, Whitsunday Islands and national parks which have international environmental significance. The Whitsunday region attracts 786,000 overnight visitors (YE 2017) and is increasingly sought after by international visitors to Australia. Discovering the Great Barrier Reef is one of life s must-dos 74 islands floating like jewels in the tropical waters of the Coral Sea. Continued investment into the Whitsundays is expected with major resort infrastructure and refurbishment projects well underway, against a backdrop of strong tourism visitation and a growing international tourism base. 545,000 domestic overnight visitors Our Current Market 241,000 international overnight visitors $656.8m total visitor expenditure Over 1 million people visited the Great Barrier Reef via the Whitsundays (overnight and day trippers) Over 80 land based accommodation providers 4000 room capacity across the region $100M turnover charter vessel industry 85 crewed overnight charter vessels 125 bareboat charter vessels 1500 weddings per year Over 50 tours and activity providers 80 cruise ship visits in 2018 The Whitsundays is not only an exotic, fun-filled tropical holiday destination, it is also a great place to live and work, get married and honeymoon, or own a business. Front Beach, Bowen Abell Point Marina, Airlie Beach The Boathouse, Airlie Beach World famous Whitehaven Beach 10 11

8 Investment Opportunities Whitsunday Marine Centre of Excellence Precinct The Marine Centre of Excellence is Whitsunday Regional Council s highest priority initiative to activate the Whitsunday regional economy. This transformational project will establish a world class marina and shipyard for servicing and maintaining boats from the smallest vessels to the largest superyachts. The proposed development site exceeds 100,000m 2 of land, and is located within the marine industry zone, adjacent to the existing Bowen Marina. Shute Harbour Stage 1 Island Access Shute Harbour Stage 1 has commenced and will deliver the additional port-based facilities required to service the Whitsundays marine and tourism industries. It involves reconstruction of marine and land based assets for increased resilience, reinstatement of marine pontoons, gangways, and the construction of a two storey office and terminal building. Opportunities exist for the establishment of commercial operations at this facility. Whitsunday Trade Coast Industrial Precinct The Whitsunday Coast Airport is a catalytic development that will drive future overall regional investment, growth and development in aviation, tourism, export quality agriculture products as well as transport and logistics infrastructure. The airport is in close proximity to major highways, railway and large parcels of vacant land within and adjacent to the airport site providing a unique opportunity to create a priority development area for the region. Whitsunday Horticultural Processing Facility The Horticultural industry in the region has estimated sales of $450M per annum, with a plethora of products grown in over approximately 10,000 hectares. Growers sell 60-80% of crops as suitable for the fresh product market. Remaining crops (20-40%) are not suitable for fresh produce sale due to inconsistencies with shape, size or presentation. However, this raw material is highly suitable for value added products and processed foods. The opportunity exists to develop industry close to the source for the processing this raw material. Whitsunday Landmark Retail and Conference Precinct Council are seeking investors with proposals to develop an iconic retail shopping complex on Council owned land in the heart of the tourism precinct at Airlie Beach. It is envisaging that the complex will reflect customer preferences for a modern retail shopping experience, incorporating a range of vibrant boutique retail shops, modern multi-use conference end event venue, along with open air laneway experiences, and accessible customer parking spaces. Salisbury Plains Industrial Precinct This precinct is situated within the Abbot Point State Development area with access to an adjacent deep water port and major transport linkages, including the Bruce Highway and rail infrastructure. Suitable industries include: large-scale, value adding industrial development; bulk mineral resource unloading and stockpiling facilities; mineral processing; integrated steel mill; liquefied natural gas (LNG) facility; fuel storage and associated infrastructure and extractive industries. Airlie Beach Luxury Hotel Development Whitsunday Regional Council are working with land owners and property developers to attract a major hotel brand to deliver a five-star hotel and entertainment facility on the Mainland at Airlie Beach. It is envisaged that this mixed-use development will serve locals and visitors and would add depth and diversity to region s lifestyle appeal and tourism offering. Abell Point Marina 12 13

9 Bowen Marina Bowen Customer Service Centre Cnr Herbert & Powell Sts Bowen QLD 4805 Collinsville Customer Service Centre Cnr Stanley & Conway Sts Collinsville QLD 4802 Cannonvale Customer Service Centre Shop 23 Whitsunday Plaza Cannonvale QLD 4802 Proserpine Customer Service Centre 52 Main Street Proserpine QLD 4800 Ph: Fax: Post: PO Box 104, Proserpine QLD Australia 4800 Web: