wei chao: Facebook Tweet MailA large portion of Great Keppel Island, off the Queensland coast, will be bought by an overseas investor, according to Nine News Australia. Current leaseholder Tower Holdings has signed a contract with a Singaporean/Taiwanese group, Wei Chao, to buy its lease - paving the way for a major resort development. To improve your experience update it here News National Great Keppel Island lease sold to overseas investors By Alexandra Cullen Senior Journalist8 59pm Oct 10, 2018A large portion of Queensland's famous Great Keppel Island will officially be bought by the Singaporean/Taiwanese group Wei Chao. Current approvals for the Great Barrier Reef island include a beachfront hotel, luxury apartments, villas, retail shops and a marina berth. A recent agreement with a cryptocurrency consortium did not proceed. The airstrip also has approval to be extended, with the potential for direct flights to Sydney, Brisbane and Cairns.
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