Terminal design submitted

The design of the wharf and terminal facility for the Fast Ferry at Ettalong have now been completed and submitted to Gosford City Council, according to Fast Ships chairman Mr Peter Hale.

Land leases with Council were also being finalised.

"The company is also finalising its investment prospectus to raise the total funding for the project, and it is expected this will be ready to issue in August," he said.

"The company is looking to strong local support, as the project will, as indeed it has already, greatly enhance property values in the area.

"The company is, in view of the prospect of no Gosford service, seeking a joint venturer to provide a Gosford feeder service," he said.

August 10