Monday, August 24, 2015

Aquis: Waiting for Godot?

Chances of Aquis mega-resort casino project in Cairns starting next year are unlikely

“The government continues to seek an acceptable outcome with Aquis for the provision of an integrated resort development in Cairns,” Dr Lyneham said.
“In May 2015 the government agreed to re-enter negotiation with Aquis to continue the process, subject to both parties agreeing to a process deed that established the basis on which the procurement process could progress.
“A process deed was issued to Aquis in May 2015 and is the subject of further discussions between the parties. Until the process deed is signed, agreed and returned to the government by Aquis, we have no formal agreement to restart the procurement process.
“Due processes will not be bypassed for issuing a casino licence to Aquis. We are continuing to have very positive discussions with Aquis.”
Integrated Resort Development projects chief executive David Edwards said the government was hoping Aquis would “sign and execute the agreement shortly so we can recommence the negotiations in earnest”.

Waiting for Godot

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