Tower in Surfers yet to go to tender

tractors, formerly and Lendlease.

Grocon is unlicensed in the state so is out of the picture.

Representatives from Hutchinsons and Probuild were unavailable to talk about the project yesterday.

One construction Leighton, boss, who did not wish to be named, said companies looking at the job would be examining it closely.

“Any builder, particularly a tier one company, would be looking at the risk profile,” he said. “Even the tender costs would be well into the hundreds of thousands so they would certainly be doing their due diligence.”

Julian Sutherland of Ray White Projects said the group planned to relaunch its marketing of the project in coming weeks. The project’s future appeared uncertain last month with some consultants not paid for their work – a situation which has since been rectified.

Chinese-backed projects around the world have been impacted by a clampdown on foreign investment by the Chinese Government.