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Home News US$1.34 billion for Tasmania transport infrastructure

US$1.34 billion for Tasmania transport infrastructure

The Australian Government is investing US$1.34 billion for Tasmanian transport infrastructure.

by Mike Woof
May 22, 2024
in News
Reading Time: 1 min read
A A
Road, bridges and rail links in Tasmania will benefit from funding being provided by the Australian Government – image courtesy of © David Steele| Dreamstime.com

Road, bridges and rail links in Tasmania will benefit from funding being provided by the Australian Government – image courtesy of © David Steele| Dreamstime.com

A transport infrastructure boost of US$1.34 billion (A$2 billion) is being provided by the Australian Government to develop transport infrastructure in Tasmania. The funding is paying for 35 projects to improve road and rail connections.Maintenance works will also be carried out to improve existing roads.

A further $146.55 million (A$219 million) tranche is also being provided by the Australian Government to pay for additional road works.This latest funding package will be directed towards improving roads in Tasmania’s New Norfolk and Derwent Valley, helping boost the island’s tourism trade.

Categories: Finance & Funding

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