LNP announces plan to lure more superyachts to the Gold Coast

The State Opposition has promised to commit $20 million towards a major expansion of the Gold Coast City Marina, if it wins the state election.

LNP leader Deb Frecklington made the announcement from the Coomera facility on Friday, revealing the plan would pump an extra $565 million into the local economy and create jobs.

“The LNP co-invest with the Gold Coast City Marina and Shipyard to deliver a $108 million new marine maintenance facility creating 1,500 additional local jobs,” Ms Frecklington said.


“It is very important that the maritime industry is looked after.

“Right here on the Gold Coast, within the bigger precinct around here, over 2500 Queenslanders work.

“We want to grow that… We want the Gold Coast to become the largest marine maintenance hub in the southern hemisphere.”

Coomera MP Michael Crandon said the new marine maintenance facility would provide an opportunity to showcase Queensland’s shipbuilding and ship maintenance credentials to the world.

“This new precinct will provide additional capabilities such as 1200 tonne capacity lift, which will cater for vessels up to 75 metres in length,” Mr Crandon said.

“The yard will be able to design, build and maintain superyachts and allow vessel refit works for project values of up to $20 million.”

The potential expansion has been welcomed by Gold Coast City Marina CEO Trenton Gay.

“This will fast track our works to enable us to expand into the area of catering for the larger vessels that are in the Pacific currently and being built around the world,” he said.

“But also it will enable us to kick start the large boat building industry on the east coast of Australia again and take it to the next level where we’re building 50-60 metre boats in Queensland.”