$25 million investment for Launceston City Deal

New data from the Australian Bureau of Statistics has found the total construction work done has fallen by 2.6 per cent in the December quarter of 2019.The Federal Liberal Party has committed $25 million to Tasmanian civil projects as part of the Launceston City Deal.

$15 million has been allocated to the development of a purpose built community hub, while $10 million will go towards the Albert Hall renewal project.

Tasmanian Premier Will Hodgman said the funding would help Launceston become one of Australia’s most liveable and innovative regional cities.

“Revitalising Launceston’s northern suburbs is a key priority of the City Deal, and these projects will deliver new and upgraded sporting and recreation facilities that will bring the community together,” Mr. Hodgman said.

“Tasmanian also welcomes the commitment of the Liberal Party to extend the Launceston City Deal partnership between all levels of government to 10 years.”

Mr. Hodgman said the Launceston City Deal would unlock a new wave of investment and job creation.

“Tasmania is the only state in the nation to have signed two City Deals,” Mr. Hodgman said.

“Combined with the Devonport Living Cities Project it amounts to a forward investment schedule approaching $2 billion, to grow jobs and transform our cities right across the state.”


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