A WA parliamentary question seeks information on PacAsia's Foreign Investment Review Board (FIRB) approval status regarding the Port Kennedy Resorts project. The Minister acknowledges being unaware of Pac-Asia's FIRB status but confirms willingness to consider proposals for project assignment.

AnsweredQoN 303Legislative Assembly
Asked
23 May 2001
Portfolio
Planning and Infrastructure

QuestionView source ↗

(b) has PacAsia received Foreign Investment Review Board approval to take over control of the project?
(b) I am not aware of Pac-Asia's FIRB status.

AnswerView source ↗

Answered
31 July 2001
Responded by
Minister for Planning and Infrastructure
Response time
69 days
(a) The Government has advised the voluntary administrator of Port Kennedy Resorts Pty Ltd that it is prepared to consider proposals for the assignment of the Project to another developer. The administrator has indicated that Pac-Asia Holdings Pty Ltd may be a suitable assignee, but is yet to present me with a formal submission in this regard.
(b) I am not aware of Pac-Asia's FIRB status.

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