What is the story about?
What's Happening?
The Queensland Tourism Industry Council (QTIC) has announced a $100 million investment package aimed at enhancing the state's tourism infrastructure and experiences. The package includes an $80 million Tourism Icons Investment Fund and a $20 million Regional Tourism Infrastructure Fund. These initiatives are designed to showcase Queensland's natural assets and improve accessibility, aligning with the State Government's Destination 2045 strategy.
Why It's Important?
The investment is a significant boost for Queensland's tourism sector, supporting the development of transformative attractions and infrastructure. It addresses the need for sustainable growth and prepares the region for major events like the 2032 Olympic and Paralympic Games. By enhancing tourism offerings, the initiative aims to position Queensland as a leading global destination, benefiting local businesses and communities.
What's Next?
Applications for the investment funds are open, with deadlines set for October and November. QTIC will continue to collaborate with stakeholders to implement the funded projects and monitor their impact on the tourism industry. The focus will be on delivering tangible outcomes that strengthen Queensland's visitor economy and ensure long-term success.
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