Tag Archives: Aquis Resort

Aquis Great Barrier Reef Resort in Australia is to proceed with its bid to bring a spectacular A$8bn water-resort to Cairns without a casino as part of the project. The project’s Hong Kong –based owner Tony Fung has ditched the casino for now, saying he might return to it at later date, meaning a casino…

The businessman behind the proposed Aquis Great Barrier Reef Resort in Australia has signed a deal with two Chinese development companies to finance the $8.15bn project. Aquis boss Tony Fung has brought in Chinese companies Tandellen and CCCC International Holding Limited (CCCCI). Aquis stated: “The relationships we have established with CCCCI and Tandellen are an…

The stalled $8bn Aquis Great Barrier Reef Resort project earmarked for Queensland is back on track following renewed efforts by the newly elected government to encourage its progress. Tony Fung had withdrawn from the process in February following failed discussion with the previous Liberal National Party government. Now Treasurer Curtis Pitt has said the team…

Hong Kong billionaire Tony Fung has snapped up the Sheraton Mirage on Australia‘s Gold Coast for $160m as he plans another casino project in the region. Despite the fact that he has yet to receive a licence and is awaiting probity approvals from the Queensland Government, Mr. Fung’s Gold Coast spending spree has now reached…

Chinese tycoon Tony Fung’s attempts to develop a US$ 3.75bn casino and resort project in Cairns, close to Australia’s Great Barrier Reef in Queensland, has hurdled its first set of approvals. The proposal, to be located 13km north of Cairns and to be called Aquis Resort, would market itself to Chinese tourists and has pitched…