A 10-year Infrastructure Pipeline worth nearly $14 billion has been outlined as the state prepares for growing population and visitor numbers.
The Tasmanian Infrastructure Pipeline includes 247 projects, each valued at $5 million or more and totalling $13.9 billion over the decade.
In addition, $4.1 billion in private construction projects and $8.1 billion in horizon projects have been identified.
Infrastructure Minister Jeremy Rockliff said infrastructure expenditure in Tasmania was expected to top $1.5 billion this financial year alone and it was important to take a long-term co-ordinated approach.
“The pipeline recognises that the State Government can only achieve its infrastructure goals by working hand in hand with the private sector,” Mr Rockliff said.
“It provides developers, investors, contractors and consultants with access to the flow of key infrastructure projects coming online in the coming years which will allow them to make decisions on growing and investing in their own people and businesses.”
Between TasNetworks and Hydro Tasmania, the pipeline includes around $2 billion in project level spending in the sector over the next 10 years – excluding a potential second Basslink or any Battery of the Nation initiatives.
The $576 million Bridgewater Bridge is scheduled to start design and approvals in the next financial year, with completion expected in 2024.
More than $200 million will be spent in the Midland Highway over four years from 2019 and $400 million is scheduled for roads of strategic importance, with prioritisation being given to the Bass Highway.
Private projects that are in different stages from business case to construction have been outlined.
For example, the $120 million Calvary private hospital in Launceston is at business case stage.
Bellerive’s $100 million Chambroad Kangaroo Bay Hotel and Hospitality Training Centre is at design stage, as is a $40 million Fairbrother Devonport Hotel.
Argyle Central Hotel and Suites in Hobart, costing $46 million, is under construction.
A full list of projects on the Infrastructure Pipeline is available via Infrastructure Tasmania’s website.
It will be updated annually.
“By the end of the year Infrastructure Tasmania will also release 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,” Mr Rockliff said.
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