Community boost for far north Queensland
The Queensland government has welcomed a major economic development in the Mary Valley region, saying it is a boon for residential property dwellers in the area.
State deputy premier and minister Jeff Seeney lauded the Higher Ground Group's decision to expand its operations with two new development leases in Mary Valley.
Mr Seeney went on to say these projects will help reinvigorate the community and improve employment opportunities in the region.
"The company’s decision to take up the opportunity to buy their existing leased property and expand their business by buying the adjoining property bodes well for the future investment and employment across the Mary Valley, with an extra 22 staff expected to be employed," the minister explained.
"This first major economic development signing will benefit the region by encouraging community stability and providing certainty to employees to settle in the area."
Mr Seeney said the developments are in line with the state government's Mary Valley Economic Development Strategy – a scheme launched in July last year aimed at stimulating investment in the area.
The announcement comes after Mr Seeney declared far north housing stocks will receive a boost when several rural properties at Mary Valley go to auction on March 23.