IT has been confirmed Pirates of the Caribbean Five will be filmed on the Gold Coast and in Port Douglas and north of Mackay.
Canberra contributed over $20-million to bring the famous franchise down under, with the announcement set to create thousands of job opportunities.
The announcement was made by Queensland Arts Minister Ian Walker at a Press Conference on Thursday.
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There is no word yet on whether Johnny Depp will appear in this flick, with casting still to be finalised.
But Channel Nine said it is a safe bet to assume that the Hollywood star will make an appearance.