The Tasmanian government has pledged to support the economy and job creation in the state by investing in infrastructure and construction.
Michael Ferguson, minister for state development, said investing in infrastructure and construction is crucial as the local economy continues to recover from the impacts of the COVID-19 pandemic.
“Our record investment of $615m into social and affordable housing, and homelessness initiatives, including our record election commitment of $280m to extend our building program of new social housing for Tasmanians in need, is the biggest in this state for decades,” he said.
Based on his projections, the state will be able to build 2,000 new homes by 2027, on top of the 1,500 already being built over the next three years.
“Two recent examples of upcoming projects are the awarding of the youth at risk facility in Launceston, worth $2.32m, to RTC and the announcement that VOS have been awarded the $8.7m upgrade and expansion of Thyne House in Launceston,” Ferguson said.
Ferguson said the state’s infrastructure program has also served as a stimulus for the local economy.
“We are investing a further $416.5m into our roads over seven years, including targeted investments across all regions of the state,” he said. “Industry has also told us that to deliver on this plan, its workforce will need to increase by around 25% over the next four years. That’s an extra 6,500 employees by 2025.”
Some of the other current infrastructure projects include the 10-year $565m Midland Highway Action Plan, which is already over two-thirds complete.
The $350m South-East Traffic Solution is also underway with major works at the Hobart Airport and Midway Point Interchanges and the Sorell Bypass.
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