The Tasmanian government is committed to supporting the economy and job creation in the state by investing in infrastructure and construction.
Michael Ferguson, Minister of State Development, said investing in infrastructure and construction is crucial as the local economy continues to recover from the impacts of the COVID pandemic -19.
"Our record investment of $ 615 million in social and affordable housing and initiatives for the homeless, including our record $ 280 million election pledge to expand our program to build new social housing for the homeless. Tasmanians in need has been the largest in this state for decades, ”he said.
Based on its projections, the state will be able to build 2,000 new homes by 2027, in addition to the 1,500 already built over the next three years.
"Two recent examples of upcoming projects are the award of the at-risk youth facility in Launceston, worth $ 2.32 million, to RTC and the ; announces that VOS has received the $ 8.7 million upgrade and expansion of Thyne House in Launceston, "Ferguson says.
Ferguson said the state infrastructure program also served as a stimulus to the local economy.
"We are investing an additional $ 416.5 million in our roads over seven years, including targeted investments in all regions of the state," he said. “The industry has also told us that to implement this plan, its workforce will need to increase by approximately 25% over the next four years. This represents an additional 6,500 employees by 2025. "
Some of the other ongoing infrastructure projects include the $ 565 million 10-year action plan for the Midland Highway, which is already two-thirds complete.
The $ 350 million Southeast Traffic Solution is also underway with major work at Hobart Airport and the Midway Point interchanges and Sorell Ring Road.
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