THE Queensland Governor-in-Council has approved the amendments to development scheme of the Townsville State Development Area.
QLD acting premier Jeff Seeney said the amendments were the result of a comprehensive review of the development scheme to ensure it maximised the potential for investment in the SDA.
“The SDA aims to attract industry to help the Townsville region achieve its potential as a centre for industry of regional, state and national significance, and in particular to attract industry associated with the Port of Townsville.
“The new Development Scheme will provide greater development certainty to existing land owners as well as prospective proponents who may be looking to develop in the SDA,” he added.
The 4,912-ha SDA, which was originally declared in 2003, is located about 6 km south-east of the Townsville CBD.
Seeney said the Coordinator-General’s office is already holding pre-lodgement discussions with a number of proponents about development proposals, which is proof industry is just as keen to boost Townsville’s economic development.
Property Review
