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Blackout Bowen announces 60 electric delivery trucks - @ $40M or $666K each, page-52

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gold13

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15/03/24

14:10

Post #: 72906303
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Originally posted by Goblin ↑

Pajinka Wilderness Lodge..

OVERSEAS interest in developing Cape York’s Pajinka Wilderness Resort has a northern mayor concerned about the equitable distribution of investment revenue among traditional owners.
Earlier this month, in a historic handover, Gudang/Yadhaykenu Aboriginal Corporation took back tenure of 211ha of land at the tip of the Cape York, including the abandoned Pajinka resort.
Northern Peninsula Area Mayor Eddie Newman said potential Chinese investment in the resort raised concerns about the Gudang/Yadhaykenu Aboriginal Corporation’s ability to manage profits coming from offshore investments.

“That was always the concern, that no one gains out of this – maybe a few individuals – but it could just be a one-off payment and that’s it,” he said.
“The mainland and the most northern point (of Australia) – if they buy that, it will end up like a resort. They will bring their own mob in; the locals won’t gain out of this.
“The (traditional owners) probably will but which TOs – is it the whole traditional owner group or just the individuals?”
Traditional owner and Gudang/Yadhaykenu Aboriginal Corporation chairman Michael Solomon denied any negotiations with Chinese investors.
“There is a lot of Australian people out there who are willing to do a partnership with Gudang/Yadhaykenu,” he said. “Everything will be discussed by the chair and all the directors and the members and elders. We always go back to the people for approval.”

Cr Newman feared the loss of a community opportunity if leasing of the land to a tourism-based business was not handled properly.

“All indigenous organisations (are) all about governance; they love the money but they don’t know how to look after it,” he said.
Mr Solomon said options for the rebuilding of the resort, which has been abandoned for 20 years, would be discussed at the traditional owner group’s annual general meeting on December 6. He said no development applications had been lodged for the site but traditional owners were hopeful of a positive outcome.

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Dont known if International Investors will be game to put any money into this after they see the size of the Redback Spiders up there. Theres one in the background its huge.
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