Government delivers $13.9 billion Infrastructure Pipeline

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Minister for Infrastructure Jeremy Rockliff with Lincoln Bromwich, General Manager of VEC.

In exciting news for Tasmania, the Government has today announced a $13.9 billion Infrastructure Pipeline with 247 projects each valued at $5 million or more set to provide a boost business confidence, jobs and growth.

Read Minister for Infrastructure Jeremy Rockliff’s statement below:

The Hodgman Liberal Government is delivering on our commitment to build the infrastructure our growing state needs with the first ever detailed 10-year Infrastructure Pipeline.

This Pipeline clearly maps-out planned infrastructure development over the next decade, from which medium to long-term private investment and employment decisions can be made.

To be updated each year, the initial Tasmanian Infrastructure Pipeline includes 247 vital projects, each valued at $5 million or more, and totalling a combined $13.9 billion over the 10 years of the pipeline.  In addition, $4.1 billion in private construction projects and $8.1 billion in horizon projects have been identified.

These infrastructure projects will help to further underpin the growth of our economy, support thousands of jobs, boost business confidence and support our growing population.

With infrastructure expenditure in Tasmania expected to top $1.5 billion this financial year alone, it is important that we take a long term co-ordinated approach.

Developed by Infrastructure Tasmania, the pipeline provides governments, investors, developers, employers, businesses and communities with a long-term view of key projects that are underway or on the table.

It includes economic infrastructure that helps us grow and prosper such as roads, rail, energy, water and sewerage, irrigation, stormwater, ports, airports and communications, as well as the social infrastructure that forms the basis of our society and communities like public housing, schools, hospital and prisons.

By the end of the year Infrastructure Tasmania will also release a 30-year Tasmanian Infrastructure Strategy based on emerging demographic, social and technological trends, to help deliver infrastructure at the right time, in the right place and on the right scale.

The Hodgman Liberal Government recognises that infrastructure projects require considered consultation, planning and design, and that they can’t be delivered overnight but by taking a strategic approach we can ensure Tasmania remains the best place to live, work and raise a family.

The 2018 Tasmanian Infrastructure Pipeline in is available from Infrastructure Tasmania.

 

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