Investment in North and North-West tops $2.3 billion

13 July 2018

Tasmanian Government: The Hodgman Liberal Government is delivering on our plan to unlock the potential in North and North-West Tasmania with more than $2.3 billion of investment either underway or about to start.

Some of these projects, like the magnificent $30 million Peppers Silo Hotel, have already been completed while others, like Launcestonís Verge Hotel and Table Cape Resort are in the planning phase.

These projects all translate to economic growth and jobs in regional Tasmania with many designed to accommodate our booming tourism industry.

The $250 million Devonport Living City, the $300 million Launceston City Deal including the North/North West UTas redevelopments and several proposed hotel developments will transform Northern and North-West Tasmania.

The iconic Cradle Mountain also has nearly $90 million in State and Federal Government funding locked away to finally get the world class visitor infrastructure it deserves.

In addition there is nearly $500 million in North and North-West infrastructure projects in the 2018-19 State Budget and forward estimates and there are also funds to begin the Tamar River clean-up.

Tasmania is on the verge of a golden era and Northern and North-West Tasmania is in the perfect position to capitalise on dozens of projects already announced and in the pipeline that will drive jobs and economic growth for decades to come.

 

--ENDS--

 

Source:  Tasmanian Government - www.premier.tas.gov.au

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