2017-04-11 P&E Agenda Attachment 1 to Item 2 Proposal by Eco Camp

Support

As outlined above, the Company has received in principle approval from the Department of National Parks,
Sport and Racing to proceed with the re-development of the Elanda Point site.

The project has also received overwhelming support from key stakeholders and received written
endorsement from:

       Department of Tourism, Major Events, Small Business and the Commonwealth Games.
       Member for Noosa Glen Elmes MP.
       Tourism and Events Queensland
       Visit Sunshine Coast
       Tourism Noosa
       Noosa Council

(A copy of these are attached to this submission.)


       Description of social and economic values

The existing economic and social values of the Lease area intend to significantly enhance with the
transfer of the Lease and implementation of improvements to the Lease infrastructure. The inclusion of
jetty infrastructure to enable safe and equitable access to Lake Cootharaba is intrinsic to forecasted
outcomes.

Capital investment.

Significant capital investment is scheduled for both purchase from existing lessee, improvements and
new facilities. Preliminary budgetary calculation estimates an investment of $4.5 million will be necessary
over the first 5 years.

The quality of the product and experiential offering to the customer is such that the investment in new
infrastructure cannot be short changed. Eco Camp is very serious about the need to maintain the quality
of their brand and that of the Eco Tourism experience within Cooloola National Park.

Economic return and Social Benefits

Employment opportunities and Economic Return

       It is proposed that over time staffing levels for the group will increase in total to some 35 staff with
        salaries of $1.8 million / year.

       Additional return to local economy for goods and services would suggest after undertaking
        feasibility studies, a direct economic injection $10 million / year.

       Current historical research has identified that the mix of international vs domestic tourism
        customers to be 65% - 35%. The growth in the international visitor has seen an 85% growth over
        the past 5 years seeking these experiences within the Cooloola National Park.

       Cumulatively the overall direct economic impact from our high yield international visitation would
        return $6.5million / year and the domestic visitation $3.5million / year.