Vision

MANDINGALBAY ECO CULTURAL TOURISM INFRASTRUCTURE PROJECT

To be a world-class, iconic Australian attraction showcasing indigenous history, culture and the natural environment in a place of adventure, fun, learning and reflection.

Mandingalbay Yidinji Aboriginal Corporation

 

To put people, country and culture back together in a sustainable way in the current environment. Our participation in economic activities such as tourism will generate small business for future generations and the preservation of our identity and culture.CUTURAL TOURISM INFRASTRUCTURE PROJECT

To be a world-class, iconic Australian attraction showcasing indDewayne Mundraby – Economic Development Manager

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Executive summary

On behalf of its people, MYAC is seeking registered expressions of interest (EOI) from suitable investors for the development and/or operation of a world class, Australian attraction – the Mandingalbay Eco Cultural Tourism Infrastructure Project. The MECTIP is proposed to be an eco-infrastructure tourism facility showcasing indigenous history, culture and the natural environment.

Located just 10 minutes from the tourism hub of Cairns at East Trinity Reserve, the attraction will be the culmination of adventure, fun, learning and reflection spaces for visitors. East Trinity Reserve is an ecologically sensitive dedicated environmental reserve providing an enviable natural backdrop for the attraction and uniquely Australian experiences within that environment.

Inherent to the attraction are the Mandingalbay Yidinji people, direct descendants of the Aboriginal people who have lived, owned, cared for and sustainably used the land where the attraction will be located. The Mandingalbay Yidinji people’s traditional country covers almost 10,000ha and 40km of coastline, including parts of the Wet Tropics World Heritage Area and the Great Barrier Reef Marine Park. The Mandingalbay Yidinji people have a willingness to share their culture, heritage and country with visitors from all over the world.

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investment highlights

Compelling Financial Opportunity

 

The MECTIP will be world class. An iconic Australian attraction developed appropriately for the beauty and sensitivities of its location.

Extensive feasibilities using conservative forecasting deem the Project is a viable stand-alone business. Assuming capital costs are sunk in year one, the attraction will generate an internal rate of return equal to 7.27 percent and a net present value of $20 million over 30 years (5. 3 per cent discount rate).

Fully approved development with early works completed and construction of future stages commencing in 2025.

 

The development application for the attraction has been approved by Cairns Regional Council in accordance with the architectural designs submitted with the application.

In 2019, funding for the early works was committed by Tourism Tropical North Queensland (TTNQ), the Indigenous Land Sea Corporation (ILSC) and the Australian Federal Government (a total of $2.2 million) for the design and construct of Hills Creek Jetty, construction of information shelter, and construction of amenities (accessible toilets). This demonstrated the support for the Project from all levels of government as well as confidence in the long-term viability and sustainability of the attraction.

Benefits to Cairns & Great Barrier Reef region

The benefits associated with an infrastructure undertaking of this size are significant. The Mandingalbay Yidinji people, of which a large proportion live in the nearby town of Yarrabah, will realise economic and social benefits.

Preserving and promoting their indigenous heritage, culture and country along with increased employment, community pride and opportunity will create positive flow on effects as the people become more engaged in economic participation.

“A world class iconic Indigenous tourism attraction for investors looking for positive financial outcomes from a sustainable, socially conscious and ecologically aware development.”

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