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Economic Benefits to Flow from Underwater Museum

2 November 2017

A new economic impact study into the proposed Great Barrier Reef Marine Park Underwater Art Museum has strengthened the case for investment in the project for Townsville.
 
The study, commissioned by Townsville Enterprise, points to an annual $42 million injection into the local economy, as well as creating 182 direct and indirect jobs and boosting Townsville’s visitor numbers by 50,000 people each year.
 
The project, proposed by a team of North Queensland organisations, is intended to be located in the reef around Townsville and will be the first of its kind in the Southern Hemisphere. The project team has been working with internationally renowned underwater artist Jason de Caires Taylor to identify sites and create a design for the artwork. The anticipated cost is $5 million, with corporate and community contributions already totalling $700,000 and a proposal for funding submitted to the Queensland Government.
 
You can find out more about this exciting tourism project here.

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